3 largecaps to be in good buy zone on further selloff; RBI may maintain status quo this time: Sandip Sabharwal

Sandip Sabharwal notes a foreign investor-led selloff and identifies potential buy zones in largecap stocks like L&T, Reliance, and ICICI Bank. He highlights mixed business updates in the banking sector and a slower-than-expected recovery in consumer names. He also addresses financial stresses, inflation pressures, and the need for fiscal and monetary interventions to support the economy.