PSUs, auto could be set for better times ahead: Rajeev Thakkar, PPFAS MF

Export-oriented sectors, including IT services, may face a difficult period over the next six to nine months due to the weak economic environment in the Western world. However, the prices are coming down significantly, making it an opportune time for long-term investors to selectively invest in the sector. The PSU and commodity sectors, which have traditionally been avoided by investors, now show renewed focus on value creation and capital efficiency through government policies. The auto sector has shown signs of a cyclical upturn.