Expert view: Expect broad-based consumption recovery; ITC, HUL, Britannia top picks, says Sandip Raichura of PL Broking
Live MintExpert view on markets: The Indian stock market has been on a downtrend driven by concerns around US President Donald Trump's tariff policies, weak local economics, strengthening US dollar and foreign capital outflow. Sandip Raichura, CEO of Retail Broking and Distribution and director at PL Broking and Distribution, believes SIPs are the ideal approach retail investors should follow when investing in stocks. In an interview with LiveMint, Raichura said there could be a broad-based recovery in consumption, and his top picks in this space include Britannia Industries, Nestle, HUL and ITC. Concerns around potential tariff hikes, weak local economics, a strengthening US dollar, and a relatively strong level of crude led to the continuation of the four-month-old weak trend.
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Opinion | SIPs are the perfect way to invest in the present tough market condition
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