Devang Mehta sees opportunities in capex, financials and auto ancillaries
In short
Devang Mehta of Spark Capital Private Wealth said investors should look beyond the main index and focus on capex, capital-market businesses, discretionary spending and auto ancillaries. The CNBC TV18 Market summary says he pointed to earnings and cash flows, but gave no numbers, dates or stock targets.
This matters for investors watching where money may flow next. The report does not say which companies he expects to benefit most or when any move could happen.
What the reporting says
Devang Mehta, Deputy Managing Director and CIO-Equity at Spark Capital Private Wealth, said he sees opportunities beyond the benchmark, favoring capex, capital-market businesses, discretionary consumption and auto ancillaries. The CNBC TV18 Market summary says he urged investors to focus on pockets of earnings and cash flows rather than the index. The reporting does not give a date, price target or specific stock call, so the immediate market impact is not stated.
Why it matters
Devang Mehta of Spark Capital Private Wealth said investors should look beyond the benchmark and focus on capex, capital-market businesses, discretionary consumption and auto ancillaries. The summary says he prefers pockets with earnings and cash flows over the index. No specific company, valuation, timing or trade idea is stated, so the market impact remains a broad sectoral view rather than a direct call.