Indian financials and pharma are structurally strong. Banks benefit from higher-for-longer rates and RBI moves, while pharma performs well in the current currency environment. Capital goods also have strong order books. Money is rotating out of IT into these sectors.
Indian financials and pharma are structurally strong. Banks benefit from higher-for-longer rates and RBI moves, while pharma performs well in the current currency environment. Capital goods also have strong order books. Money is rotating out of IT into these sectors.