Avoiding chemicals and cement stocks; new-age consumption stocks long-term bets: Pratik Gupta
Pratik Gupta, CEO and Co-Head, Institutional Equities, Kotak Securities, says Indian markets anticipate a stronger second half, fueled by the festive season and favorable monsoons, particularly benefiting rural demand. However, high valuations in consumer companies raise concerns. Consumer tech leaders like Nykaa and Honasa show promise for long-term growth, despite near-term challenges. Cement faces capacity … Read more