Buying the Dip: Chakri Lokapriya bets on financials, IT and cyclical revival

The banking sector, a significant part of financials, is showing strength with ICICI Bank and Bajaj Finance as top gainers today. NBFCs are also highlighted, suggesting a broad positive sentiment for the financial space.

Look for entry points in well-managed banks and NBFCs with strong asset quality and credit growth, considering the positive sentiment and recent market performance.

For Indian markets, this story mainly matters for , DLF, GODREJPROP and the Financials, Information Technology, Real Estate pocket. The current signal is bullish, so traders should look for follow-through in price, volume, and sector breadth instead of reacting to the headline alone.

Watch whether the next market session confirms the setup described here: Identified as having potential by Chakri Lokapriya. Real estate corrections are seen as creating selective openings. DLF is a prominent Indian real estate developer. Also track volume confirmation, sector participation, and whether the move holds beyond the first reaction.

• •Chakri Lokapriya, CIO-Equities at LGT Wealth, identifies market volatility as an opportunity for investors.
• •He recommends investing in financials, IT, and cyclical sectors.
• •Specific opportunities are seen in NBFCs and IT firms with improving deal pipelines.
• •Real estate corrections are viewed as creating selective openings.
• •Metals are expected to see a demand-driven revival.