Andrew Holland, CEO of Avendus Capital Public Markets Alternate Strategies, warns investors to brace for volatility and expects earnings growth to fall between 5-10% in the next fiscal.
Holland is cautious about the Union Budget's impact on the economy and suggests holding cash as a strategy going into 2025.
He sees pockets of opportunity in consumption-driven sectors like premium beverages, travel, and hospitality, as well as in the electronic manufacturing sector.
Holland recommends a selective and sector-specific investment strategy, emphasizing sector and stock-picking.