Second half to be better than H1; bullish on rural, not urban India; premiumisation, not mass market: Nilesh Shah

Nilesh Shah, MD of Kotak AMC, analyzes market trends, suggesting a focus on stock picking and sector rotation. He advises moderate return expectations, favoring fixed income, gold, and silver for long-term investments. Shah notes subdued first-half economic indicators but anticipates improvement due to festive spending, weddings, and increased government spending.