“Despite the broader market's primary downtrend, specific sectors like defence, power, and capital goods, particularly PSUs, are showing strong resilience and hitting 52-week highs. He recommends Bharat Electronics (BEL) for a long position around ₹471 with a target of ₹485 and a stop loss at ₹464. For PSU power, NTPC is a good pick around ₹385 with a target of ₹395 and a stop loss at ₹378.”

Vinay Rajani’s track record: 21 graded calls · 95% CI 8–40%