Longer-term India story intact, use current uncertainties to build a good portfolio: Rupesh Patel
Nippon India MF’s Rupesh Patel views the market’s valuations to be in line with longer-term averages, no longer being expensive. He foresees a scenario where the current slowdown will have already played out and the longer-term India story remains intact. Patel believes the railway, roads, and defence sectors to continue to be big drivers of domestic capex.
