A Nifty pullback needs to be taken in stride, says Sharekhan's Gaurav Dua

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A Nifty pullback needs to be taken in stride, says Sharekhan's Gaurav Dua - Business Standard

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It has been a choppy ride for the markets in the past week.

As they prepare for the July-September quarter (Q2) results for 2024-25 (FY25), Gaurav Dua, senior vice-president and head of capital market strategy at Sharekhan by BNP Paribas, tells Puneet Wadhwa in an email interview that, as a strategy, they have gradually taken money off the table from overheated sectors like capital goods, engineering, and infrastructure and increased exposure to information technology (IT) services, pharmaceutical (pharma), and fast-moving consumer goods (FMCG).