Nilesh Shah discusses the current Goldilocks scenario with asset classes at all-time highs. He advises long-term investors to ignore short-term volatility in Indian equities. Midcap IT, consumer durables, and financials may offer earnings surprises. He suggests accumulating specialty chemicals and pharma due to favorable conditions. Markets now react to facts, not speculation.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets