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multi-year themes: Mihir Vora on why a broad-based rally is unlikely; to go for multi-year themes when fund opens for inflows

Mihir Vora expects optimistic GDP growth but warns of possible market stagnation. Global market volatility, uncertain events like the election and earning season, and the need for a broad-based recovery raise concerns. Right now, he is being more stock specific, rather than taking big macro calls. as it is one of the toughest environments for taking macro calls. Stock picking in domestic sectors and careful selection based on valuation is recommended. ....

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