Investors have been advised by Jitendra Gohil, chief investment strategist at Kotak Alternate Asset Managers, to take profits in the auto and auto ancillary sectors due to a potential slowdown in growth rates in the coming years.

Gohil pointed out that valuations in these sectors have risen significantly after a period of strong performance, and the industry is facing challenges of global overcapacity.

Despite this caution, Gohil remains positive about capital market plays, considering them as a story of structural growth. He highlighted the importance of stocks related to the financialization of savings and suggested that investors should consider buying these stocks when they dip, even with recent increases in valuations.

Gohil's insights demonstrate a strategic approach to navigating the changing market landscape.