"We are extremely bullish on the consumption space, because most of the inflation and margin pressures are behind us," Jimeet Modi, Founder & CEO, Samco Ventures, said in an interview to Moneycontrol. He also finds the technology space attractive, where Modi believes that nearly all the bad news has been factored into the price.
Overall too, he expects a fairly strong bull market for the next few quarters, considering that most of the bad news has already been factored in the price over the past year or so.
Modi, who has over 12 years of experience in capital markets, said that the earnings trajectory is solid and very little downside risk is seen, at least over next 12-18 months.
Do you expect a big bull run if the market reclaims and sustains above the recent record high levels?