“Market is unable to quantify the uncertainty unleashed by tariff war"
FinTech BizNews Service
Mumbai, April 7, 2025: Nilesh Shah, MD, Kotak Mahindra AMC, shares his views on the current market trends post the Trump Tariff announcement:
“Market is unable to quantify the uncertainty unleashed by tariff war. It is reacting to every news coming through. Likely that the unfolding events will keep sellers on an aggressive sell mode and buyers on a reluctant buy mode.
It will be futile to predict future events.
Investor should follow their asset allocation dharma. Large Caps are fairly valued and hence deserve neutral allocation. Buy into correction in a gradual manner to be over weight equity as markets become cheap.
Domestic theme like Cement, building materials and consumer discretionary looks attractive from a longer-term point of view.
The tax rebate announced in the budget, EMI burden coming down due to lower rates, likely drop in oil prices and eighth pay commission to be implemented next year will support consumption theme.”
