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Renaissance Investment CIO sees value in IT, autos and financials
Pankaj Murarka, CEO & CIO of Renaissance Investment Managers, says the global AI investment boom could benefit Indian IT services as enterprise adoption rises. He believes fear-driven selling in IT stocks is fading and sees value emerging in the sector. Murarka is also positive on autos, EV-linked themes, energy and financials over the medium term, while cautioning that some AI and power infrastructure stocks are difficult to justify on traditional valuations.
It's time to invest in equities, not hold cash, says Renaissance's Pankaj Murarka
Pankaj Murarka, CEO and CIO of Renaissance Investment Managers, expects investors to look beyond weak near-term earnings and focus on a stronger recovery in the second half of the financial year and into next year. He argued that periods of moderate earnings growth are often followed by a catch-up cycle, especially when the economy continues to expand steadily.
Watch | Buy the dip, says Emkay’s Manish Sonthalia; PSU banks, autos & metals in focus
Manish Sonthalia, CIO of Emkay Investment Managers, says geopolitical dips are buying opportunities, as markets typically recover within 6–9 months. He is deploying fresh flows into autos, financials, pharma, consumer durables, power transmission and select defence. He favours PSU banks over private lenders on valuations and sees AI driving demand for critical minerals, metals and energy. IT remains underweight while India could attract inflows as stability returns.
Indian IT stocks a strong buy after correction, says ASK Investment CIO
George Joseph, CIO & CEO- Equity at ASK Investment Managers advises investors to focus on large-cap and micro-cap stocks, suggesting that mid and small-cap segments are not the right place to be currently.