Quest Investment repositions Indian portfolio after selloff, favouring IT, telecom and cement
Quest Investment Managers reports a shift toward IT, telecom and cement after the Indian market correction, trimming expensive holdings, per TradingView.
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what happened
Quest Investment Managers has reshuffled its portfolio following the correction in Indian equities. The firm now prefers IT, telecom and cement for the medium to long term, according to TradingView.
CIO and portfolio manager Rakesh Vyas said the selloff has opened opportunities in companies with clear earnings paths and reasonable valuations. He linked the correction to a broader global risk-off move driven by higher bond yields, uncertainty around the US Federal Reserve's rate decision, US midterm elections and geopolitical tensions. The fund is adding mid-tier IT firms, holding Bharti Airtel and taking part in Jio's offering, and turning constructive on cement.
why it matters
The news concerns the fund's own asset allocation and contains no index forecast. For investors, it signals a rotation within Indian equities after prices fell, rather than a broad change in direction.
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sources
- IT, cement and telecom among top sector bets after market selloff: Quest Investment — TradingView, 27 October 2026 at 08:41 UTC
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