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Watch | Sanjay Parekh on where he sees value in banks, IT, cement and telecom stocks
Sohum Asset Managers’ Founder & CIO, Sanjay Parekh, says markets look sluggish despite improving macro conditions, with Q3 Nifty earnings near 8–9%. He sees recovery in CVs (Ashok Leyland), credit growth at ICICI Bank and gradual picka a up in cement and steel. Portfolio stays domestic-focused: overweight telecom, NBFCs, industrials, cement, utilities, ports and logistics; underweight oil & gas and banks, zero FMCG. Watching IT names like Infosys and TCS, mid-cap tech (Persistent, Coforge, Mastek), defence HAL, quick commerce Zomato and Swiggy, and capital goods L&T, JSW Energy.
Smartphone makers may get PLI scheme 2.0: Government eyes tariffs, China challenges, and programme success
PLI scheme 2.0: The government is in talks with smartphone makers for a new incentive scheme as the current production-linked incentive ends next month. Officials are considering an exception to the general rule of single-round incentives due to changing circumstances, including the zeroing of fentanyl tariffs on China and a persistent manufacturing cost disadvantage for Indian players.
Stocks to Watch Today: Kotak Bank, Torrent Power, Persistent, Aurobindo Pharma, Dr Reddys Labs, KEC International, Turtlemint, Transrail, Airtel in focus on 29 June
Stocks to Watch, 29 Jun: Stocks like Kotak Mahindra Bank, Torrent Power, Persistent Systems, Aurobindo Pharma, Indoco Remedies, BEML, Lupin, Dr Reddys Laboratories, Jubilant Pharmova, Zydus Lifesciences, Hexaware Technologies, KEC International, Bharti Airtel, and Vodafone Idea will be in focus on June 29.