Ashwini Shami, an executive at OmniScience Capital, believes that the Reserve Bank of India (RBI) may lower interest rates in the upcoming December policy meeting.
Shami suggests that now is a good time for long-term investors to consider increasing their investments or adjusting their portfolios to take advantage of undervalued companies.
Shami specifically recommends financial services companies in the payments and consumer finance sectors, as these sectors offer attractive investment opportunities in the current market.