“With a 1.4 times price adjusted book, 25-30% kind of growth, IndusInd Bank is far better placed compared to an Axis Bank at this point of time. Among footwear names, we like Metro Brands and Campus. We also like QSR stocks like Jubilant Food and Devyani International from a medium to long term perspective. ”

“IT stocks have already corrected quite a bit from their top and after two or three months, once things settle down a bit, one might find them very attractive from an investment perspective. Our take is that in the short term, there is pain but from a medium to long term, there could be an opportunity.”

“The IMF predicted that India’s current account deficit will be 3.5% and that is way over the danger mark of 3% and well above what the RBI predicts. RBI has been predicting that the current account deficit will be within manageable proportions. I think that is a particular note of worry even though our growth at 6.8% does not look too bad compared to other countries.”

"Over the next decade or so, India is likely to gain in dominance relative to China, when it comes to a number of sectors such as chemicals, pharmaceuticals, steel, and so on. Over a period of time, small and midcaps will continue to outperform their large-cap peers even on a risk-adjusted basis. If one can pick the right kind of businesses to back, a lot of these are likely to become largecaps over the next 3-5-7 years."

Inflation is something that no one has a playbook for, at least not since the 1970s energy crisis. The most important thing is to be stable. I think we're still at a point where the scenarios diverge widely. We always tell our clients about the need to be invested.

"I am hopeful that the real estate sector will start doing better. The affordability index, despite high interest rates, is quite low and that is the starting point for most real estate companies when it comes to booking their sales"

"Pharma companies which have domestic as well as export markets can be good to invest in at a high price"

"I would say urban discretionary spending has fared well but the moment you go into a semi-urban mix and rural mix, that is where brands continue to face challenges."

"I would like to channelise our efforts to win more deals, execute them better and deliver the numbers that you wanted me to fill in. That is the crux of the work and that is where the fun is."