Gautam Shah, Founder of Goldilocks Premium Research, shared his bearish outlook on several sectors including defence, railways, and FMCG. He favors banks and IT, allocating 30% each in a ...

Gautam Shah of Goldilocks believes that banks and FMCG stocks could move this leg of the market. Even though IT may not lag behind, he feels headwinds will cap the upside here.

Gautam Shah also warns that the Nifty may retest its recent low of 23,300, with a potential further downside of 5%. However, for long-term investors, the picture remains bright.

Founded in 1981 by Gautam Shah, GC Chemie Pharmie (GCCPL) is a leading Indian pharmaceutical and nutraceutical company focused on innovation, regulatory excellence, and global health solutions.