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Prefer proxy plays in metal, tech or IA to do better than traditional IT: Devang Mehta
Devang Mehta, Director of Spark Private Wealth, highlights a shift from conventional to non-conventional businesses in India's benchmark indices. He suggests focusing on innovative companies in sectors like manufacturing, engineering, and capex, particularly power automation and renewables. He also notes the potential of recent IPOs like Swiggy and companies crucial for India's growth, such as JSW Infra and Inox India.
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