Punita Kumar Sinha discusses the shift towards investing in the exciting India growth story, potentially driving steel and metal prices in the future. Emphasis on earnings focus, central bank movements, infrastructure investments, and selective market rally during the upcoming earnings season. Sinha also says: "Hotel sector is going to have good secular metrics in place for sustained growth for the next five years."
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“If you look at the kind of companies where the stocks are going up even more are the ones that are not even covered by many research houses. So the stocks that are the smaller ones, not in any coverage by the sell side are still seeing a lot of rally. So clearly, there is some irrationality.”
“I would not call IT a high-growth sector anymore but one that is more defensive, stable and a core place to be in. As the risks towards the global situation increase due to geopolitical tensions, IT may be a decent place to be in because they have inherently a lot of cash on their balance sheet and even if there is a little bit of a slowdown, they can weather that through.”