S Naren of ICICI Prudential AMC prefers momentum investing over value investing in the current market due to trade deal jitters and first quarter earnings results.
He believes that every stock is discovered in the Indian market and sees opportunities where investors are frustrated and hated.
Naren advocates for a fiscal push for certain sectors of the economy to accelerate growth, citing the need for interest rate cuts and benefits in industries like two-wheelers, auto, and FMCG.
The market veteran views momentum investing as more suitable in late-cycle markets, highlighting the importance of agility and risk management in volatile conditions.