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Ansid Capital recommends private banks, cautions on IT valuations


Published on 2025-01-23 01:01:08 - cnbctv18
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  • India's nominal gross domestic product (GDP) growth of 10% over the past decade, while reasonable, falls short of meeting the aspirations of its talented workforce, raising concerns about opportunities for the youth.

The article from CNBC TV18 discusses insights from Anurag Singh, the founder of Ansid Capital, on the current market valuations and investment opportunities in India. Singh highlights that private banks are currently undervalued, presenting a good investment opportunity due to their strong fundamentals and potential for growth. He also points out that the healthcare sector, particularly hospitals, are attractively priced following a correction in their stock prices. Additionally, Singh notes that the IT sector, despite facing global economic challenges, still holds value due to its robust business models and the sector's ability to adapt to digital transformation trends. He advises investors to look at these sectors for long-term investment, emphasizing the importance of valuations in making investment decisions.

Read the Full cnbctv18 Article at:
[ https://www.cnbctv18.com/market/ansid-capital-private-banks-healthcare-it-valuations-anurag-singh-19545006.htm ]