Top Stocks To Buy Via SIPs In This Downturn. Mayuresh Joshi's Top Picks: SBI, Ultratech, JK Cement

With rising market volatility, where should you invest? Mayuresh Joshi, Head of Equity Research at William O'Neil India, advises focusing on market leaders. Among large-cap stocks, he favours UltraTech Cement, anticipating stronger earnings this season. In the midcap space, he highlights JK Cement, which has consolidated and is now positioned at attractive levels, with expansion plans adding to its investment appeal. Within the banking sector, he recommends SBI, but only on a correction due to its high valuation, although it's expected to perform well during earnings season. Another large-cap pick is Larsen & Toubro, which is expanding across diverse sectors like semiconductors, defence, engineering, construction, and petrochemicals.