Hari Shyamsunder from Franklin Templeton suggests a cautious outlook on IT due to slowing growth and AI uncertainties, while favoring mid and small-caps for long-term Indian economic growth. Despite stretched valuations in manufacturing, defense, and power sectors, stock picking remains crucial. He anticipates a 10-13% compounding return for the broader market over the next three to five years.
DIIs on a buying spree: 2025 sees 2nd-highest equity inflows in a decade
Domestic Institutional Investors are showing strong confidence in Indian stocks. They invested nearly Rs 2.94 lakh crore by early June 2025.
June 10, 2025