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ETMarkets Smart Talk: Old economy sectors likely to drive markets for next 2 years: Anirudh Garg
"In 2021, the market underestimated the Fed’s inflation warnings. Today, as the Fed signals a shift towards reducing interest rates, we are at the cusp of a new phase in the economic cycle. After a strong run fueled by defence, railways, power, and infrastructure sectors, we foresee support coming from interest rate-sensitive sectors."