Devang Mehta is gung-ho on banks, auto and capital goods sectors. Here’s why
“Capex has come back for sure, be it government capex and of course, followed by private capex. Importantly, sectors like BFSI, which are beneficiaries of not only capex, but also consumption and credit growth, is one of the favourite sectors to be in. Yes, it is a crowded trade, but banks had a good round of correction and consolidation in the past couple of months.”
