Global trade policy volatility is forcing investors to reassess strategies, with market strategist Manishi Raychaudhuri advising a focus on domestic growth. He highlights basic materials, industrials, and consumer discretionary sectors, while cautioning against exporters, consumer staples, and IT services due to valuation and margin concerns.
Valuations in Indian IT stocks have become attractive amid AI disruption concerns, but S Naren of ICICI Prudential AMC stresses that low multiples alone are insufficient. Clarity on long-term growth and AI's true impact is crucial for investor confidence and potential upside in the sector.
CleanMax Enviro Energy's Rs 3,100 crore IPO is now open, with a modest grey market premium suggesting limited listing gains. The renewable energy giant, India's largest in its sector, aims to repay debt with IPO funds. Analysts offer mixed views, with some recommending long-term investment due to strong growth prospects.
