AI technology is real but its current valuations are inflated, resembling past market bubbles. Investors are urged to avoid the fear of missing out. India's manufacturing, financials, and consumption sectors are poised for long-term growth as global AI frenzy potentially fades. Smart investing involves focusing on fair valuations and solid businesses.
Carnelian's Manoj Bahety suggests AI technology is real but its valuations are currently inflated, likening it to a FOMO-driven bubble. He advises investors to avoid the hype and instead focus on fundamentally strong Indian sectors like manufacturing, financials, and consumption…
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