Power stocks have strong order books. Why is Mirae Asset still underweight?
Strong order inflows and healthy near-term prospects are supporting power and industrial companies, but valuations remain a concern for Mirae Asset Mutual Fund. Senior fund manager Ankit Jain flags potential delays in global AI investments and capital expenditure, while a sharp market correction could create fresh investment opportunities.
Strong order inflows and healthy near-term prospects are supporting power and industrial companies, but valuations remain a concern for Mirae Asset Mutual Fund. Senior fund manager Ankit Jain flags potential delays in global AI investments and capital expenditure, while a sharp market correction could create fresh investment opportunities.
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