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Bank stocks may prove to be dark horse; will contribute a lot to the next rally: Rohit Srivastava
Rohit Srivastava, Founder of Strike Money Analytics, discussed the current market trends, noting fund managers' cautious approach with additional flows and the sector-specific corrections. He mentioned excessive selling by foreign institutional investors and the resulting cleansing in various sectors, particularly banking. Srivastava emphasized potential opportunities in undervalued sectors, predicting a positive market shift aligned with global trends.
