Deepak Shenoy likes to buy more when stocks go up and not only on dips: Here's why

economictimes.indiatimes.com:

Deepak Shenoy, Founder, Capital Mind, says: “We would like to buy more when the stocks go up rather than just on declines. But we are still very positive on a few themes that are very specifically India, because of the infrastructure changes, because of the focus on a lot of Indian local domestic improvements where adding more players in logistics for instance allows us to see the urban and rural consumption divide narrowing down over a period of time because of accessibility, roads, rail, and cargo infrastructure. We are adding a few players. We have very little changes from last time but we have added a couple of special situations. Indian manufacturing space is where we are targeting. From semiconductors to a bunch of players around infrastructures, around domestic manufacturing, auto ancillaries we have added.”

I understand you were part of that meeting where the finance minister met the fintechs. What really came out of it, was Paytm top of the heap?
Deepak Shenoy: No, we were talking more about the problems faced by the fintech industry in general from a perspective of what could be done to improve the situation. Some of them involve a deeper consultation with the RBI, some of them are issues around how the taxation laws are created, some of them were ideas about new products.

I think the idea here was to an open communication on what we can do as a country itself to kind of foster more fintechs to kind of help in the progression on the financial side of things, in terms of inclusion, in terms of maybe some