Rajeev Thakkar of Parag Parikh Financial Advisory Services (PPFAS) Mutual Fund in an interview to CNBC-TV18 shared their investing strategies and the outlook for the market going forward.
Given that valuations in the market currently are not cheap, one has to be selective.
One can find opportunities in the exporting space be it IT or pharma companies. With regards to Pharma there is a huge opportunity in the generic market in developed countries but since all companies will not participate it will have to be bottom-up stock picking.