Ajay Srivastava warns investors macro shocks hit later than markets expect and urges aggressive reallocation

Fuel hike impact may not be priced in yet

Ajay Srivastava of Dimensions Corporate says Indian markets are only beginning to feel macro pressure from global shocks, currency weakness, and energy costs, with the real hit to consumers and earnings potentially taking 3 to 6 months to show fully. He cautions investors not to assume the recent fuel spike is already reflected. His strategy emphasizes “reallocate” over concentration, leaning toward legacy and promoter-driven firms, staying selective in export-focused pharma, and avoiding Indian IT in favor of US IT.