Jyotivardhan Jaipuria of Valentis Advisors discusses the potential impact of proposed US tariffs on Indian markets, particularly textiles and gems. He favors a local investment strategy, anticipating consumption growth driven by tax breaks, strong monsoons, and lower interest rates. While cautious on IT, he sees opportunities in select tier II companies and undervalued private sector banks.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets