PSBs, pharma and defence: HDFC Securities CEO names Samvat 2083’s dark horses

The Economic Times · Nikhil Agarwal · 2026-11-08 07:08 UTC

HDFC Securities MD and CEO Dhiraj Relli identifies public sector banks, pharmaceuticals and defence as potential outperformers in Samvat 2083. He favours largecaps for valuation comfort, highlights selective stock opportunities and urges investors to prioritise earnings visibility and disciplined asset allocation.

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