Quantum’s Nilesh Shetty bullish on private banks and IT, avoids capital goods

Portfolio Manager Nilesh Shetty of Quantum Advisors remains positive on private sector banks and IT services, citing attractive valuations and long-term growth potential. He believes markets may have overreacted to AI-related concerns in IT stocks, while financials continue to offer value despite near-term economic uncertainties. Shetty remains cautious on capital goods and power-linked companies due to elevated valuations and says Quantum has no exposure to the space. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.