The Economic Times

Calm before a big move, says A Balasubramanian; picks IT, auto & banking for next rally

Indian equity markets show mixed signals, but Aditya Birla Sun Life AMC CEO A Balasubramanian believes a rally is imminent. Positive macro data and corporate earnings are overlooked due to AI fears and global noise. He sees opportunities in IT, auto, and consumption driven by the 8th Pay Commission. Investors should favor flexicap and multicap funds for diversification.