The valuations are very rich, but the momentum is very high out here. And the order wins are good. But if you really want to take a fundamental view in terms of the valuations, I think they are a little stretched out here. And while we obviously would not want to ask people to sell, but you have to be very careful with these trades out there.
ETMarkets PMS Talk | A cooling—not a collapse—of the AI trade could be a tailwind for Indian equities: TrustLine CEO
Global markets face AI investment boom risks, but a measured cooling could boost Indian equities by attracting foreign capital. N. ArunaGiri emphasizes buying with a