Market expert Neeraj Dewan has noted a sense of relief in the markets as geopolitical tensions ease, leading to a sharp recovery in equities. He believes a near-term bottom may have been established, but cautions that investors should remain vigilant regarding the sustainability of the ceasefire. Dewan maintains a positive outlook on public sector banks (PSUs) due to their robust balance sheets and growth potential, while also highlighting attractive valuations in large private banks like HDFC Bank and ICICI Bank. He suggests that the recent market correction, which saw a significant decline of 15-17%, could encourage foreign institutional investors (FIIs) to return to the Indian market. Dewan also emphasizes the importance of sector rotation and advises investors to focus on strong companies with long-term potential. In the metals sector, he remains optimistic about continued demand driven by global rebuilding efforts. However, he urges a selective investment approach in the auto sector, favoring commercial vehicles while exercising caution on passenger vehicles and two-wheelers due to normalizing demand and macroeconomic factors. Overall, Dewan advises investors to stay patient, prioritize quality, and view market corrections as opportunities rather than causes for panic.