Nilesh Shah of Kotak AMC emphasizes focusing on resilient companies with reasonable valuations amidst global uncertainties. He highlights India’s strong IPO pipeline driven by entrepreneurs from smaller towns, mirroring the evolution of the Indian cricket team. Kotak Mutual Fund favors domestic consumer discretionary sectors, anticipating growth from tax cuts and potential GST rationalization, prioritizing bottom-up stock ideas.
Sensex falls over 100 pts, Nifty below 22,550 as market heads for 8th weekly loss, overtaking COVID crash. More pain ahead?
Indian equity benchmarks Sensex and Nifty fell for a fourth straight session on Thursday, heading for their eighth consecutive weekly loss. Driven by intense FII