Narendra Solanki's Top Picks: Autos, PSU Banks, and Pharma Set to Shine

Narendra Solanki, Head of Research at Anand Rathi Shares & Stock Brokers, highlights Trent's weak quarterly performance, citing a third consecutive quarter of growth below expectations. He maintains a preference for Axis Bank and ICICI Bank in the banking sector, and ranks two-wheelers, auto ancillaries, and commercial vehicles as his top picks in the auto sector. Solanki is constructive on the healthcare sector, particularly hospitals and pharma manufacturing, and expects a turnaround in the latter due to upcoming GLP-1 patent expiries in India and Brazil. His top sector bets for the next 12 months include autos, auto ancillaries, metals, defence manufacturing, healthcare, and select NBFCs, with PSU lenders being his top banking pick.