Expert View: Market mood positive but keep valuations in mind; IT can be a good bet, says Arpit Jain of Arihant Capital
While the market mood is upbeat, investors should buy only quality stocks at resonable valuations, evaluating the company's fundamentals before making any investment decisions.
In an interview with Mint, Arpit Jain, Joint MD at Arihant Capital said capital goods, railways, defence, hotels, FMCG and banking are some of the sectors that look attractive for the medium term. Jain also believes one can take bets on IT stocks with a two-to-three-year horizon.
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