The markets are turning volatile as we approach the Budget. Karthikraj Lakshmanan, Investment Analyst at UTI AMC, has a preference for private banks over PSUs and expects them to continue growing faster than the banking industry. FMCG companies face challenges with muted volume growth, but a recovery in rural areas could play a role. In the healthcare space, the domestic market offers good prospects while companies focusing on complex generics in the export market could see growth.
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