Enjoy the bounce but remember midcap & smallcap bottom may not be in place yet: Rajesh Bhatia

Rajesh Bhatia, CIO of ITI MF, highlights their strategic investments in sectors like utilities, private banks, NBFCs, telecom, digital commerce, and insurance amidst market decline. Focusing on large-cap stocks due to their stability, he remains cautious about mid and small caps. He notes the importance of GDP growth for earnings and highlights a positive outlook for private banks.