Swati Khemani, founder of Carnelian Asset Management, advises investors to build a high-quality portfolio over the next 3-6 months as markets consolidate within the 22,000-25,000 range. She highlights sectors like auto ancillaries, insurance, IT, and pharma as promising, while expressing caution towards microfinance institutions due to their cyclical nature. Khemani believes capital market players remain attractive and sees no major structural risks to Indian equity markets, despite potential short-term geopolitical and asset quality concerns.
