Why Deepak Shenoy is betting on industrials, defence, and oil and what he's avoiding
Published on: May 6, 2026, 10:53 a.m. | Source: The Economic Times
Despite gloomy headlines, Deepak Shenoy of Capitalmind MF sees a better ground reality for markets, backed by strong corporate earnings and encouraging bank credit growth. He favors industrials, import substitution, and manufacturing, with defence and semiconductors as high-conviction bets, while advising caution on oil prices and the EV technology theme.
