North India Statesman
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Prakash Dewan says that there is a lot of scope for the market. If the results are better then the market will rise. There is a risk in the market for the result. The return of risk in the market will be very good in a short time.
According to Prakash Diwan, there will be fluctuations in the auto sector. Such as M&M in the auto sector. There are many sectors in India where the tariff will not have any effect. In such a situation, shares like L&T should be kept in mind.
Prakash Dewan believes that valuations in defense stocks are still a bit expensive. There is no problem of evaluation in IT. IT companies will have to face a delay in getting contracts from the US. From the perspective of IT companies, Europe will soon improve.
According to Prakash Dewan, global investors are liking Chinese tech companies. At present, it is appropriate to stay away from IT companies. Indian power companies are expecting good orders from abroad. Investments should be made in copper companies instead of the power sector. Among the copper companies, Hindustan copper should be invested.
