Aetram Special Report :*Weak & Bearish Sectors* - 11.05.2026 - Aetram Research India
*Auto Sector – Weak Technical Structure*
- Auto sector continues displaying relative weakness despite stable earnings from select companies.
- Weak macroeconomic participation and fragile chart structure increase downside risk.
- Auto index may continue facing pressure if broader market weakness intensifies.
*Strategy View*
- Avoid aggressive fresh exposure in auto stocks at current levels.
*Banking Sector – Major Concern for Nifty*
- Banking sector remains one of the biggest concerns for benchmark index sustainability.
- Weak participation from leading private banks continues limiting broader market momentum.
- Private banking space continues underperforming relative to broader market themes.
- PSU banking space remains selective rather than broad-based.
*Strategy View*
- Selective exposure only in stronger PSU banking names.
- Avoid weak private banking setups until relative strength improves.
*IT Sector – AI Disruption & Weak Momentum*
- IT sector continues facing pressure from AI disruption concerns and weak relative momentum.
- Lack of leadership from IT continues impacting benchmark index performance.
