PSU, Metals Poised for Growth as Indian Market Shifts to Value: Gautam Shah

• Gautam Shah of Goldilocks Global Research identifies PSUs and metal stocks as prime opportunities in the Indian market.
• He believes the market is shifting decisively towards value-driven sectors, rewarding actual earnings over future promises.
• Shah highlights State Bank of India as a top PSU pick and expects the metals index to appreciate another 15%.
• He forecasts Nifty to reach 28,400 in 12-18 months, but cautions against IT, Reliance Industries, and defence stocks.
• Shah also suggests gold and silver may undergo a significant price correction and expects government support for capital markets.

Why It Matters: Indian market is transitioning to value, with PSUs and metals offering significant investment opportunities.