ETMarkets Smart Talk | Power, infra, auto sectors look attractive after correction: Devang Mehta
Analysis of this story by et_markets · 16 Mar 2026, 9:00 AM IST (about 2 months ago)
AI Analysis
The auto sector is currently facing headwinds from LNG supply risks and broader market corrections, leading to significant stock falls. However, the analyst sees long-term value in the sector post-correction.
Trading Insight
Key Evidence
- •Global tensions and rising oil prices are causing market swings and corrections in Indian markets.
- •Power, infrastructure, and auto sectors look attractive after correction for long-term growth.
- •Foreign investors are selling, while domestic inflows continue.
- •The rupee is weakening, impacting inflation and imports.
- •Crude oil above $100 poses risks, but forex reserves offer some buffer.
Affected Stocks
Identified as attractive after correction for long-term growth.
Auto sector identified as attractive for long-term, but recent news indicates significant falls due to LNG supply risks and broader market correction.
Auto sector identified as attractive for long-term, but recent news indicates significant falls due to LNG supply risks and broader market correction.
Auto sector identified as attractive for long-term, but recent news indicates significant falls due to LNG supply risks and broader market correction.
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Sources and updates
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