New Delhi, April 26 -- Krishna Sanghavi, Chief Investment Officer (CIO) - Equities at Mahindra Manulife Investment Management, believes sector rotation is likely to be a dominant market theme. In an interview with Mint, Sanghavi said the impact of US-Iran conflict can linger for some time even after the conflict is resolved. He pointed out that amid elevated volatility, value-oriented investment approach held up well during FY26.

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It is still early to assess the full economic implications of the US-Iran conflict, especially since neither a clear end is in sight nor is there visibility on the extent of damage to energy infrastructure. In a best-case scenario, resolution would lead to quick normalization of energy supply a...