Sandip Sabharwal says that the markets are consolidating and that there are still opportunities to buy in certain sectors. He advises caution in the technology and chemicals spaces, as well as in the infrastructure, construction, and capital goods spaces. He also recommends buying stocks in the metal space, which is bucking the trend. Sabharwal says that the larger banks have an advantage over the smaller ones in a tightening liquidity and rising interest rate environment.