Very comfortable with infrastructure, cement, steel and a little pharma: Pashupati Advani

economictimes.indiatimes.com:

Pashupati Advani, Founder, Global Foray, says “the question is whether our IT is able to actually pivot and take advantage of that. I think in some cases, they will take some advantage which is why it is not going to fall off a cliff. But I think that the business models are becoming more difficult and a lot of jobs are going back to the countries where the work is getting done just as a way of protectionism which seems to be happening all over the world. ”

How do you see this MPC meet? Do you expect it to be a big event? What are your expectations from the MPC meeting?
The world wants to keep rates where they are and start pulling them down. We do not have an indication of that yet. But I think this MPC meeting will just basically say nothing. I think they are not really going to change rates this time, that is my humble assumption.

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Any name from the Adani house that you would like to recommend as a buy?
No, the Adani house basically trades in its own sort of avatar, if you want to call it and it is only the people that are really close to it are fine. There is no question that with Modi ji looking like he is going to come easily in 2024, it is good for the Adani Group which is why we have seen this massive move in all their stocks this week.
Plus, there seems to be some vote of confidence from some overseas parties which has helped them get some loans in a couple of their companies and also some obviously equity infusions. I personally have not really followed. I have