Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
Market expert Neeraj Dewan has advised investors to remain selective amid ongoing market volatility, recommending greater focus on power, energy infrastructure, and steel stocks while avoiding aggressive buying in the IT sector. According to Dewan, recent corrections across several sectors have created opportunities in industries backed by strong long-term fundamentals.
Dewan expressed caution toward information technology stocks, citing weak growth visibility and subdued guidance from major technology companies. While currency movements may offer some support to earnings, he believes the sector could continue to face challenges over the next few quarters.
In contrast, he remains optimistic about power, renewable energy, battery storage, energy infrastructure, and steel-related businesses. The expert noted that India's ongoing infrastructure expansion, rising power demand, and energy transition initiatives continue to create attractive long-term opportunities for investors.Dewan also highlighted opportunities in aviation, commercial vehicles, FMCG, and select auto ancillary companies. He advised investors to use market corrections strategically to accumulate quality stocks rather than chasing momentum-driven rallies. As market conditions remain influenced by global uncertainties, sector selection and disciplined investing are expected to play a crucial role in generating returns.
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