Ashwini Shami of OmniScience Capital is positive on the infrastructure-focused broader industrial and manufacturing sectors, which include power, logistics, machinery, and EPC segments.
Ashwini Shami, President and Chief Portfolio Manager at OmniScience Capital, expects the geopolitical scenario to improve after the US midterm elections, triggering a reverse sequence of events, including lower crude oil prices, lower inflation projections, softening US Treasury yields, improving margins, and increased fund flows into Indian equities, which could support the market.