Expert view, March 9 -- Jayesh Faria, Director and Regional Head - West at Motilal Oswal Private Wealth, believes the Indian stock market could remain flat to negative for at least a few more months. In an interview with Mint, Faria said he is overweight in consumption, BFSI, IT, industrials, healthcare, and real estate while underweight in oil and gas, cement, automobiles, and metals. Below are edited excerpts from the interview:

We have certainly entered a slowdown from the economic perspective, which is reflected in the stock market. However, I don't think this phenomenon can be termed a bear market.

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