25 Sep 2025 | 5 Mins Read

Investors should stay selective, warns Pankaj Murarka amid market froth

Flipitmoney

Pankaj Murarka, CEO of Renaissance Investment Managers, forecasts moderate Indian equity gains over the next two years due to high market valuations and expected earnings growth. He advises investment in consumer-focused stocks, auto sector, discretionary consumption, and high-growth internet sectors, citing specific companies such as Jubilant FoodWorks, Swiggy, and Paytm for potential growth.