“Don’t Lose Capital Chasing Returns”: Ajay Srivastava’s Big Market Lesson For Samvat 2083

Where should investors put their money in Samvat 2083? Ajay Srivastava, MD, Dimensions Corporate Finance Services, shares his market outlook, identifying mid-tier banks and hotel stocks as his preferred sectors. He advises investors to focus on valuations and avoid stocks trading at excessive price-to-earnings (P/E) multiples, regardless of the sector. Emphasising capital protection over chasing maximum returns, he explains why even strong companies can deliver disappointing returns when bought at expensive valuations. As investors plan their strategy for the year ahead, the key message is to prioritise value, exercise discipline and protect capital amid market uncertainty.