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Prashant Paroda sees auto, industrial stocks gaining as India’s big stocks await fresh triggers

Prashant Paroda, Portfolio Manager, Emerging Markets, Allspring Global Investments, likes two-wheelers and auto ancillaries following a strong earnings season and has added larger industrial names to the portfolio. Paroda expects heavyweights such as HDFC Bank and Reliance to see fresh catalysts later this year, while new defence tie-ups could open up a new growth opportunity.

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Prashant Paroda sees auto, industrial stocks gaining as India’s big stocks await fresh triggers

Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders.

Source: Cnbctv18
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