Betting on large banks, cautious on HFCs and MFIs; watch guidance in FMCG: Sandip Sabharwal

Earnings season is here. Sandip Sabharwal sees banks as a strong sector. He prefers large private banks due to asset quality. IT is steady but not exciting. FMCG companies face rising costs. Real estate offers selective value. Housing finance and microfinance are areas to avoid for now. Sabharwal’s view is constructive with caution.

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