Market expert Neeraj Dewan has urged investors to exercise caution in the IT sector, despite attractive valuations, as he believes the sector is not yet out of the woods. Dewan pointed to HCL Technologies' recent guidance for FY27 as a reason for concern, contrasting it with TCS's reassuring results. He advises waiting for consolidation before investing in IT stocks. In the FMCG sector, Dewan highlights Britannia as a top pick, bolstered by Nestle's strong quarterly results and the potential for price increases to support margins. In consumer durables, he is optimistic about air conditioner and refrigerator manufacturers due to anticipated demand driven by a harsh summer. Dewan also favors renewable energy companies and metal firms with power integration, alongside a bullish outlook for telecom, specifically recommending Bharti Airtel. He expresses disappointment in life insurance stocks, preferring general insurance, with ICICI Lombard as a key recommendation. Overall, Dewan emphasizes the importance of selective investment in sectors with reliable demand and earnings visibility.