Due to probable US Fed rate reduction, Sandip Sabharwal that investors exercise prudence in the markets and hold 12–15% of their investments in cash. In addition, he thinks NBFCs are better than banks and sees potential in the pharmaceutical, car, and electronics manufacturing industries. Sabharwal also draws attention to Bharti Airtel’s solid fundamentals and the IPO hype.
According to Sandip Sabharwal of asksandipsabharwal.com, a possible downturn might occur if the US Federal Reserve decides to cut interest rates by just 25 basis points. Thus, it makes sense to be ready for that. According to Sabharwal, we should exercise some caution in the markets and hold onto 12% to 15% of your money. NBFCs would be in a stronger position than banks right now since, as large borrowers, they typically gain more during the initial downturn of any interest rate drop.
