Jyotivardhan Jaipuria, Founder and MD of Valentis Advisors, suggests that market selloffs triggered by geopolitical conflicts, such as the current situation in West Asia, are often temporary. Historically, markets experience an average decline of 6% during such events but tend to recover most losses within a month. Jaipuria believes that investors should view this downturn as a buying opportunity, especially as earnings recovery is on the horizon. He expresses strong conviction in the banking sector, citing low defaults and expanding net interest margins as key drivers for future earnings growth. However, he advises caution regarding commodity trades, as many gains are tactical and could reverse if tensions diminish. In the defense sector, he favors electronics suppliers over traditional hardware manufacturers, aligning with the trend of modern warfare. After a prolonged underweight stance on IT, Jaipuria is now considering selective investments due to attractive valuations, though he maintains a cautious long-term outlook on growth in this sector.