“The medium-term outlook for the world economy actually does not look very promising. Let me say that some of the risks we are talking about will likely play out over 12—24 months, and not 3 to 6 months. But these are things that we have to keep at the back of our mind.”
Avoid euphoric valuations, keep cash for better entry points: Pankaj Tibrewal
Pankaj Tibrewal of IKIGAI Asset Managers finds current valuations too high for new investments. Defence sector valuations are especially prohibitive. Cement sector, particularly in South
May 16, 2025