Market Action LIVE | Mayuresh Joshi On Market Outlook, Sectors & Q2 Results

In a conversation with Business Today TV, Mayuresh Joshi, Director – Research at William O’Neil India, shares his insights on the key sectors to watch in the current market scenario. Joshi highlights opportunities in auto ancillary and power ancillary stocks, backed by strong earnings visibility and structural demand recovery. He also points to selective strength in the chemical sector, driven by margin stability and export demand. On the banking front, Joshi remains optimistic about public sector banks such as Bank of Maharashtra and Bank of India, citing improving balance sheets and credit growth trends. Discussing the oil marketing space, he notes that gross refining margins (GRMs) are improving, though crude price volatility remains a key risk to watch.