Indian markets are consolidating, with midcap valuations appearing stretched. Equitree Capital’s Pawan Bharaddia highlights the ₹1,000–₹5,000 crore market-cap segment as a sweet spot, offering strong earnings growth at reasonable valuations. He also identifies India’s tourism sector as a potential multi-decadal investment opportunity due to improving connectivity and domestic travel.
Nomura names GE Vernova, CG Power, 4 others among top plays on India’s decadal data centre opportunity
India’s data centre industry is entering a rapid growth phase, driven by digitalisation, cloud adoption and AI demand, according to Nomura. The brokerage sees strong