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Pockets in auto, retail & PSU have run up too fast, too soon; avoid for next 6-9 months: Pawan Parakh
Pawan Parakh, Fund Manager at Geojit Financial Services, highlights the optimism in sectors like consumer distribution and manufacturing but cautions against the high valuations in the auto sector and some PSU stocks. He believes financial products and mutual funds are set for growth, while logistics and select consumer durables remain promising investment opportunities.