Sunil Singhania says Nifty may lag as new market leaders emerge
In short
Sunil Singhania of Abakkus Asset Manager said Nifty could lag the broader market. He said some of the index’s big sectors may not grow as fast as India’s GDP.
He sees better chances in capital market firms, hospitals, diagnostics, selective pharma companies and platform businesses. He also remains positive on microcaps.
What the reporting says
Sunil Singhania, founder of Abakkus Asset Manager, said Nifty could underperform the broader market as traditional heavyweight sectors may struggle to match India’s GDP growth. He pointed to opportunities in capital market businesses, hospitals, diagnostics, differentiated pharma companies and select platform businesses. He also stayed positive on microcaps, saying entrepreneurial companies in niche growth areas could benefit despite higher risks.
Why it matters
Sunil Singhania, founder of Abakkus Asset Manager, said Nifty may underperform the broader market because several traditional heavyweight sectors may struggle to match India’s GDP growth. He highlighted capital market businesses, hospitals, diagnostics, differentiated pharma companies and select platform businesses as potential opportunities. His comments point to changing sector leadership in Indian equities and a constructive view on microcaps despite the higher risk.