Leaders of past cycles hardly ever lead in the next cycle but financials’ spot in the sun will come: Hiren Ved

Hiren Ved of Alchemy Capital discusses sector rotation, skeptical about large-cap private banks’ leadership in the bull market. He advises against market timing, suggests balanced portfolios, and highlights FII potential. Ved sees opportunities in pharma, consumption, chemicals, and defensive sectors, addressing historical performance, valuation concerns, consumer lending growth, cyclical sectors’ appeal, and high-quality companies.