Stocks are actually a good hedge against inflation, assuming a portion of holding is sold - it needs to be invested otherwise asset price inflation will cause cash to lose value pretty fast. Already FD interest is not covering inflation. Same is true in the US, bonds and cash are basically in negative return territory. Tech companies of all kinds represent good value whether it’s IT, pharma, manufacturing, etc, In India’s it’s the ITES companies, pharma and may be two wheelers because they have scale. Staying invested in quality Companies is still the best I feel. Huge TINA factor in favour of quality stocks.