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Deven Choksey on what to do with ITC now & where to bet in midcaps
Deven Choksey says ITC's stake sale to financial investors is expected to unlock valuation and boost market capitalization. HAL remains a strong bet in the defense sector. Chemical sector shows signs of improvement. Auto ancillary companies offer strong investment potential. Choksey further says: "We believe that currently automobile ancillary companies are remaining relatively stronger plays."