He feels that the capital goods and defence sectors look promising on the back of government reforms, while IT will be dependent on the growth of the US and European marketsfrom Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-earnings-interest-rates-key-factors-influencing-equity-markets-says-hemant-kanawalakotak-mahindra-life_16771011.html
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