Buy the Dip: Lokapriya Bullish on BAJFINANCE, INFY, TATASTEEL

LGT Wealth CIO Chakri Lokapriya advised investors to use the market correction to build positions in financials (especially NBFCs), IT, real estate, and metals. He flagged improving IT deal pipelines and a demand-led revival in metals as key tailwinds. The call is a constructive medium-term stance against the recent volatility.

Brokerage and wealth-manager 'buy the dip' calls on cyclicals tend to align with the start of an FII re-allocation cycle into beaten-down sectors. With Nifty IT and Realty indices having corrected, such expert endorsements often catalyse near-term sector rotation. It also reinforces the rate-cut narrative supporting NBFCs and realty.

Positive bias for NBFCs like BAJFINANCE, CHOLAFIN and SHRIRAMFIN; large-cap IT names INFY, TCS, HCLTECH could see fresh interest on deal-pipeline optimism. Realty stocks DLF, GODREJPROP, OBEROIRLTY and metal counters TATASTEEL, HINDALCO, JSWSTEEL fit the cyclical revival thesis. Broad-based positive read for Bank Nifty heavyweights too.

Watch Q4FY26 IT earnings commentary on deal TCV, NBFC AUM growth and asset quality, and metal LME price trends. Key levels: Nifty IT support, Bank Nifty 50-DMA, and Nifty Metal breakout zone. Failure of metals demand revival or weak IT guidance would invalidate the thesis.

• •Chakri Lokapriya, CIO-Equities at LGT Wealth, recommends buying the dip
• •Bullish on financials (NBFCs), IT firms with improving deal pipelines
• •Sees selective openings in real estate after correction
• •Metals poised for a demand-driven revival
• •Frames the period as entry points for medium-term gains