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Daily Voice: This portfolio manager sees strong value in largecaps and 4 key sectors amid market correction

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Daily Voice: This portfolio manager sees strong value in largecaps and 4 key sectors amid market correction

- Ashwini Shami is the Executive Vice President & Portfolio Manager of OmniScience Capital. - According to Ashwini Shami, the current market correction is a great opportunity to allocate to large caps. - He sees value in the banking, housing finance, power, and IT services sectors during the correction. - Chinese economy is struggling and may not attract serious money due to high levels of debt and deflation. - There is little risk of earnings downgrade for banks in Q2FY25, and there is potential for an upward rerating of the banking sector. - The valuations in the pharma and healthcare space are considered fully priced with limited alpha opportunities.

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