Expert view: Profit discussion on rallies can continue; Banking, Infra, FMCG looks promising, says Amit Jain van Ashika | Einsmark news

Expert view: Amit Jain, co-founder of Ashika Global Family Office Services, believes that short-term events will still be followed by rapid corrections in the Indian stock market until there are more clarity on the global directions for trading and interest rate. In an interview with Mint, Jain said that banking, infrastructure, FMCG and healthcare at this time look the most promising, which provides a mixture of growth and vulnerability. Here are edited excerpts from the interview: The local market has faced a fresh wave of profit discussion over the past few weeks. What does the market prevent its profits from maintaining its profits? The market is struggling to maintain rallies, as each Uptick quickly becomes a profit discussion amid global uncertainty. Factors such as Trump’s tariff movements, fear of a US recession and volatility in the price of crude oil keep the sentiment careful. In general, valuations in certain bags- especially medium and small cap and domestically, are stretched in certain bags- especially middle and small hoods, which investors have asked to include profits. Given the global noise, a “sale on rally” attitude prevails, where traders do not run the risk for too long. This pattern of short-term events and quick corrections is likely to continue until there is more clarity on the global trade and interest rate directions. How should investors navigate the current market environment? Did the peak pass anxiety around Trump’s tariff policy? Investors find themselves on a difficult crossroads today. The global markets, including India, have taken up the initial shock of Donald Trump’s aggressive tariff decisions, but the underlying anxiety did not spread completely. If there is anything, it has developed from panic sales to careful skepticism. The peak panic around rates may be behind us, but the markets remain fragile. Each rally is met with hesitation, as investors are struggling with the real economic consequences of a prolonged trading exhibition. Supply chains are reconfigured, cost structures are shifting and global growth projections are finished – of which no one will solve overnight. In this climate, investors must remain anchored for fundamentals. It is a time to avoid excessive risks, focus on quality balance sheets and prioritize sectors with minimal exposure to global trade fights, such as domestic banking, FMCG and capital goods. Tactical awards to gold and selective large cap can also provide stability. The message is clear: Careful optimism is the way forward. Do not fear the volatility, but do not chase every rally. What sectors do you believe the most promise over the next few years? India’s domestic strength will drive sectoral performance over the next few years. Banking, infrastructure, FMCG and healthcare stand out and provide a mixture of growth and vulnerability. Investors should focus on sectors less exposed to global volatility and more correspond to the internal demand story of India. Is this a good time to consider contra bets in the IT sector? After a significant correction, the IT sector begins to provide selective opportunities for counterconical investors. While broad challenges remain, players with great balance with strong balance sheets and diversified customer base can lead the recovery as global technical expenses stabilize. The best way to play it selectively is by it, which offers a low cost, diversified exposure to quality IT businesses. What is your view on the theme for domestic consumption? Is it an attractive area for investment at this stage? The domestic consumption story remains one of the strongest pillars of India’s growth story. Despite interrupted windwinds, the underlying demand managers – reducing disposable income, urbanization, premium beer trends and aspiration expenses – are to strengthen. Although valuations have stretched in certain segments, such as discretionary consumption, the recent market volatility creates more reasonable access points. We believe that staples, retail and segments linked to premium rural demand offering attractive opportunities in the long run. Domestic consumption is not just a cyclical story-it is a structural tendency, and investors with a three-to-five-year horizon should consider significant exposure to this theme. What should the investment strategy be for the middle and small capside segments in the current scenario? The current environment offers both risks and reward for investors in the middle and small cap. Given the volatility of the market, the focus should shift to companies with a solid earnings visibility and a strong competitive advantage in niche sectors -especially those that benefit from domestic demand or structural trends such as digitalization, automation and premise of consumers. Rather than growing at any cost, investors should focus on businesses with healthy balance sheets, the ability to transfer costs and a proven record of scale operations. The strategy should be to buy shares with high conviction that are undervalued or temporarily out of the favor but have long -term growth potential. It is about identifying businesses that can navigate challenges and come stronger as soon as the economic landscape stabilizes. Read all market -related news here read more stories by Nishant Kumar Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or brokerage companies, not coin. We advise investors to check with certified experts before making investment decisions, as market conditions can change quickly, and conditions can vary.