New Delhi, April 14 -- Varun Fatehpuria, Founder & CEO, Daulat Wealth Management, believes this is the best time to be a buyer. While there are still uncertainties due to the US-Iran war, it has also presented a window of opportunity for genuine long-term investors, Fatehpuria said. In an interview with Mint, the founder of Daulat Wealth Management shared his views on the current market structure, IT, and large private banks, among other things. Edited excerpts:

Oil is India's largest macro variable outside our control, and at $100+ per barrel, every $10 increase adds roughly $13-14 billion to the annual import bill.

That said, the structural demand picture for oil is weakening- EV adoption is accelerating, US and China auto sales have ...