Ambareesh Baliga suggests the market downside is limited, projecting a range between 24,800 and 26,200, influenced by potential US-India tariff agreements. He anticipates positive surprises in the BFSI, FMCG, consumer durables, and specialty chemical sectors, driven by tax cuts and the China plus one strategy. Baliga recommends a cautious approach, favoring sectors showing ‘green shoots’ over immediate bottom fishing.
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