Kranthi Bathini, Director of Research at WealthMills Securities, highlights several promising investment themes for medium to long-term investors. Infrastructure remains a key focus, with stocks like L&T and Adani Enterprises showing potential. He notes the sector’s consolidation phase, making it attractive for investors. Additionally, the healthcare and diagnostics sectors, despite stretched valuations, present good entry points due to recent corrections. Bathini also emphasizes the defence sector’s enduring appeal, with stocks like Cochin Shipyard, Garden Reach, and Bharat Dynamics offering opportunities after a 20-30% correction from their peaks. For large-cap investments, he suggests HDFC Bank as a strong pick for patient investors, despite its underperformance over the past 18 months.