Spark Capital’s Devang Mehta bets on BFSI, consumption; sees metals, IT as tactical plays
Devang Mehta, Deputy Managing Director & CIO-Equity at Spark Capital Private Wealth, says banks and NBFCs are well placed to benefit from improving credit growth, a strengthening capex cycle and rising consumption. He expects BFSI to outperform as private banks recover and NBFCs remain in a sweet spot. Mehta also favours discretionary consumption, including jewellery…
