“One should be cautious in the auto sector due to high interest rates and inventory build-up. There will be consolidation and oneshould wait for better opportunities. Coming to real estate stocks, there is potential in second-tier town builders and well-known companies like DLF. Mumbai and NCR have lagged due to high supply and unaffordable prices. In the consumer discretionary space, the QSR sector is promising. One should be selective and choose high-quality stocks with good management.”
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