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Near term, expect tough times but longer-term story intact; sector and m-cap rotations to continue: Nilesh Shah
Nilesh Shah, MD of Kotak AMC, advises investing in sectors with reasonable valuations and high floating stocks. He anticipates market volatility and sector rotation from micro and small caps to larger caps, and from sectors like defence and real estate to banks, FMCG, and telecom. Earnings and foreign investment flows will be key drivers.
