Investors should stay away from the overvalued sectors and the sectors where the long-term growth visibility is missing,” says Ashwini K. Shami, EVP & Portfolio Adviser, Omniscience Investment Adviser.
In an interview with ETMarkets, Shami said: “Sectors such as consumer durables, FMCG, private sector defence, tourism and realty have unfavourable risk-reward expectation in the future,” Edited excerpts