Sandeep Shah, managing partner at Motilal Oswal Private Wealth Management, said he prefers IT and healthcare sector to invest in.
He said that Indian markets could be at the beginning of a long-term bull market. However, he said that investors should remain cautiously positive and not get carried away.
He advised investors to be very selective with large cap stocks as they have rallied but believes that small and midcaps are still providing fair amount of value.
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