
In a recent segment of Business Today TV's "Market Guru," Naveen Kulkarni, Chief Investment Officer of Axis Securities PMS, shared his insights on current investment strategies. Naveen Kulkarni predicts the Nifty index will reach the 25,000 mark by the end of this year. He expressed a more bullish outlook on large-cap stocks compared to small-caps. Naveen Kulkarni noted that the small-cap sector is currently overvalued compared to its position a year and a half ago, with liquidity posing a significant challenge. He warned that corrections in the small-cap space can be sharper than anticipated. To enhance portfolio liquidity, Axis Securities PMS' CIO has recommended focusing on large-cap stocks, which he believes are more reasonably valued and likely to perform better in 2024. Watch this excerpt from our "Market Guru" series for more insights.