Nifty Valuations Near Post-Covid Lows, Alok Agarwal Advises Investors
Alchemy Capital’s Alok Agarwal states that Nifty valuations have sharply reset from 2024 levels and are now near post-Covid lows. He expects market growth to expand beyond large caps, highlighting opportunities in mid- and small-caps, AI infrastructure, healthcare, manufacturing, and select defence companies. Global yields and foreign portfolio investor flows remain important factors.
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