Defence story still strong in India, pick the entry points; Zomato fairly valued: Sandip Sabharwal

Market expert Sandip Sabharwal sees growth in India's defence sector. He believes HAL and Bharat Electronics are well-positioned. Zomato's stock appears fairly valued with limited near-term upside. Sabharwal suggests focusing on building and urban infrastructure companies. He advises caution in the banking sector, favoring larger banks. He notes cement sector valuations are high despite lower input costs.