ETMarkets Smart Talk | Manufacturing, healthcare and financialisation could create India’s next wealth creators: Sanjay Doshi

Sanjay Doshi, a mutual fund expert, believes that certain sectors such as manufacturing, healthcare, and financialisation could be the key drivers of wealth creation in India. This means that companies operating in these areas may experience significant growth, attracting investors and potentially boosting the stock market. The implications for investors are clear: prioritising sustainable earnings, cash flows, and returns on capital will be crucial in navigating the market, particularly when valuations are high.

Why it matters

Sanjay Doshi sees opportunities across market capitalisations, despite elevated mid- and smallcap valuations. He urges investors to prioritise quality and growth over valuation, which could lead to increased investment in Indian stocks.

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MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to Economic Times. For information only — not financial advice.