Avoid IT stocks amid AI scare, current valuations; banks set for strong growth over 3-5 years: Vikas Gupta, OmniScience
Vikas Gupta, CEO & Chief Investment Strategist at OmniScience Capitalbelieves that the Indian stock market remains on firm ground amid a strong macroeconomic setup. He expects the Indian markets to outperform the other developed markets in the year ahead. Sectorally, he prefers the banking space and recommends avoiding IT and defense pack as valuations and…