Every bull market creates new sector leaders. • 1998–2000 → IT & Tech • 2003–2007 → Realty & Infra • 2009–2014 → Pharma & Consumption • 2015–2018 → Financials & NBFCs • 2019–2021 → Chemicals & Specialty Manufacturing • 2021–2025 → PSU, Defence, Power & EV Now the big question is 👇 Which sectors will lead the next phase from 2026 onwards? • AI & Data Centres? • Renewable Energy? • Semiconductors? • Defence Manufacturing? • Digital Infrastructure?