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Next 6 months, expect power financiers, insurance & MF companies to beat banks: Ajay Bagga
Ajay Bagga discusses the rural economy's resurgence and its impact on various sectors. He highlights NIM compression in banks due to deposit wars and suggests better returns in power financiers, insurance, or mutual funds. However, he says, banks will do well in the long-term. The IT sector shows promise, while defence stocks face valuation concerns.