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Varun Saboo says: “I would stick to largercap IT names than the midcaps for now but I do not see a challenge, I do not see corrections in the midcap space also in IT space particularly. And yes, these new-age IT names will do very well in this environment. We are very positive on MapMyIndia.”
“Power is a multi-year story. The power stocks have just started reacting. There can be a very sharp run from here also. Although we do not have any formal coverage, I am again highlighting that this space itself is becoming very attractive. So, the power story can be interesting. ”
Traditionally, students have gravitated towards careers in fields like Medicine, Engineering, Law, and Accounting.
Ajay Vora of Nuvama Asset Management, believes that alternative investment funds (AIFs) are growing faster than mutual funds (MFs) and this trend will continue. He also stated that with the Nifty at 20,000, the Indian market is still not expensive and has strong earnings growth potential. Vora mentioned that there is growing interest in alternative investments, particularly from Tier-II and III cities. He also noted that investors are moving away from traditional fixed income products towards higher-yielding structured credit products.
'Especially if their investment horizon is over two years.'