Devang Mehta: Stealth Bear Market Unveils New Opportunities, Financials Are Key Bet

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Stealth Bear Market Creates Opportunities: Devang Mehta Bets on Financials

Unicommerce eSolutions | A total of 22.2 million shares, or 22% of Unicommerce eSolutions' outstanding equity, will free up for trade on Tuesday, February 10. These are worth ₹225.3 crore at the present market price. The stock is down 6% from its issue price of ₹108 apiece.

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CNBC TV18•23-02-2026, 14:54

Stealth Bear Market Creates Opportunities: Devang Mehta Bets on Financials

•Devang Mehta, Deputy MD & CIO at Spark Private Wealth, identifies a "stealth bear market" despite index near highs.
•Median fall of 25% for stocks above ₹1,000 crore market cap presents significant opportunities.
•Mehta favors financials, especially capital market-linked plays, select PSU banks, and NBFCs, citing strong structural growth.
•He sees long-term benefits for capital market infrastructure companies due to India's financialization theme.
•Also constructive on capital goods, manufacturing, and engineering, with caution on volatility in mid/small-cap new-age businesses.

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Unicommerce eSolutions | A total of 22.2 million shares, or 22% of Unicommerce eSolutions' outstanding equity, will free up for trade on Tuesday, February 10. These are worth ₹225.3 crore at the present market price. The stock is down 6% from its issue price of ₹108 apiece.

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