Indian markets: From UPI to AI, where Nilesh Shah, Sanjay Parekh see opportunities

Nilesh Shah and Sanjay Parekh see pockets of opportunity in Indian equities despite global headwinds. Their focus spans digital financial services, UPI, wealth management, AI-led growth in smaller IT companies, non-ferrous metals and advanced manufacturing. At the same time, they remain selective on banks, large-cap IT and steel, highlighting the importance of earnings, valuations, governance and stock selection.