According to Chakri Lokapriya, CIO & MD of TCG AMC, investing in TCS, oil marketing companies, and the metal sector at their current levels is not recommended. He believes that TCS’s numbers reflect a slowdown in the industry and investing in the stock will not generate significant returns. Lokapriya also suggests staying on the sidelines for Reliance Industries due to the lack of spending in the BFSI and TMT sectors. However, he sees potential in Jio Financials, which he believes will be transformative for the NBFC industry.
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