Many of these groups claim to be run by investors, fund managers, and advisers including Porinju Veliyath, Madhusudhan Kela, Ashish Kacholia, Anup Maheshwari and Rachana Ranade, among others. Some of them even claim to be run by popular television anchors.
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Porinju Veliyath, CEO of Equity Intelligence India, believes that the oil and gas sector, including companies like ONGC, HPCL, and BPCL, is an overlooked investment opportunity. These companies have single-digit PEs and high dividend yields, and are expected to experience faster earnings growth. Veliyath also discusses the strength of the Indian economy and the clear geopolitical formations that make India a strong player on the global stage. He advises caution in the current market, as there may be corrections and consolidations, but remains optimistic about the long-term growth prospects of the Indian economy.