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Addressing a panel discussion on "Taking India to the pinnacle of World economy - A Road Map" at the convention, Jain underlined the increasingly educated and skilled manpower in India for the world's top technologies.
Shauryam Gupta, CEO - Rupeezy, believes that given that the market has factored in the prevailing political climate, an upmove seems more probable than a market correction ahead of elections.
Despite a sluggish year for IT globally, major Indian IT firms outpaced their international competitors in terms of revenue market share. India-based companies added 36 basis points (bps) in revenue market share year-on-year basis though they lost 27 bps on a sequential basis, BNP Paribas said in a report.
While February's positive trend is promising, sustained demand momentum is necessary to declare a complete recovery.
Santosh Kumar Singh, Fund Manager at Motilal Oswal AMC, expresses concerns about those areas of the market which have shown sharp corrections and high valuations. He is bullish on auto components, technology in vehicles, and capital markets. He sees potential growth in certain sectors while cautioning about mid and small caps.