Going by my past experience, I am never worried when there is too much disinvestment in any area. I am only worried when people come out with disinvestment or IPOs in an overvalued sector, said S Naren, ED & CIO, ICICI Prudential AMC, in an interview with ET Now.
Edited excerpts:
Everyone is mesmerised. There has been a 10% rally from recent lows -- 7-8% uptick in Bank Nifty and 2-3% jump in Nifty. Everything has ..