Hi @Amit_Paul result season looks poor, lot of factors are combining here to assist market fall including rich valuations, poor earnings and squeeze of liquidity from FII’s. Though DII are still sitting in cash piles of 1 lk crore, and monthly flows are close to 50 K Cr this leg seems to be prolonged. my focus is totally shifted to consumption and Pharma, IT i still don’t believe.
Portfolio is down 5% overall in this fall, Domestic consumption including jewellery, Apparel, electronics retail, travel, Hotel, and pharma is part of PF.
This is truly stock picker market and sector based calls are out of picture now.
