Is the worst over for market? Don’t be so hasty, says Nitin Raheja

The Indian stock market is likely to trade in a range for some time, with volatility possibly returning. Selecting the best private bank requires assessing its risk management culture and consistent growth, combined with a liability franchise better than its peers, and clean books. While IT stocks are currently underperforming, Raheja believes these companies have generated cash and dividends during prior economic cycles, and represent a potential value play.