0 months ago

Vaibhav Sanghavi bullish on financials, data centres and CDMO

Vaibhav Sanghavi bullish on financials, data centres and CDMO
3 stock investment themes Vaibhav Sanghavi is bullish on - BusinessToday · businesstoday.in

A money expert named Vaibhav Sanghavi has good news about investing in India.

He is excited about three kinds of companies.

First, he likes banks and other money-lending companies.

Second, he likes companies that help build data centres, which are big buildings full of computers.

Third, he likes companies that make medicines for other companies.

He says oil prices have gone down, which helps India because India buys oil from other countries.

Earlier, fighting in the Middle East made oil very expensive.

Now oil costs less than $80, so India can pay less for it.

He also says foreign investors are putting money back into India again.

He thinks the Indian stock market could get stronger, and the rupee could become stronger too.

Key facts

Investor
Vaibhav Sanghavi
Bullish themes
Financials (private banks and NBFCs), data centres, CDMO
Oil price now
Below $80
Oil spot price earlier
$140-$150
Oil futures earlier
Around $110
FPI flows
Positive over the past month
Policy measures cited
FCNR deposits, ECB, taxation on G-Secs
CDMO tailwind
BIO SECURE Act

Sources

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