Nilesh Shah, Founder & CEO, Envision Capital, says: “I still think bottom up, midcaps, smallcaps and emerging growth opportunities is the place to be. There are several sectors. There are talks of a recession in the US, but tier two IT companies will still do well. Some of the online businesses will do well. We have seen a couple of listings off late. That is clearly the space which will outperform. We think this is going to be India's decade. ”
Markets have hit an all-time high, you have already started celebrating.
I think it is a great day. What a way to end the week or what a way to get into the end of the year. It has been a fabulous year and the markets are reflecting the strength of the Indian economy and the kind of policies that we have been unleashing to foster that growth.
A Balasubramanian is saying that SIP is the tip. How about a tip from you? No, the only tip is that be invested, keep the faith. We are on a long-term journey or a marathon of wealth creation. This is truly going to be India's decade. It has already started to be India's decade. We are facing a Goldilocks situation of high growth, moderating inflation. So probably the best tip is to be in the market, be invested, and keep investing more and more. Do not get too worried and bogged down by market levels.
You gave the same answer three months ago that this decade belongs to India. And, you know, we should stay invested at an all-time high. Give us a tip.
Well, I cannot talk to you about any