Market strategist Anurag Singh recommends a cautious, defensive approach amid current high valuations.

GST rationalisation and 50% U.S. tariffs create mixed economic signals.

Singh flags IT sector as particularly overvalued while citing “premiumisation” as a thematic trend.

He suggests neutral equity exposure, focusing on sectors with quality fundamentals.

Selective stock picking may offer better risk-adjusted outcomes than broad exposure.

Retail investors may benefit by avoiding speculative segments.

The stance emphasizes consistency over chasing short-term market moves.

Healthy earnings and domestic demand could support limited upside.

Strategic calibration and risk controls are key in current market conditions.

The signal is clear: quality, not quantity, in portfolio positioning.