We continue to remain bullish on defence sector: Rohit Srivastava

I do not think it is a trend reversal. It is only a short-term consolidation. Now in that, what has been happening which we have to be slightly aware of is this market has moved up with a lot of rotation, which means that at some points of time you find certain sectors doing better than others or rotating so you get outperformance in one sector and then when that starts to pull back you get outperformance in another sector.

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