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We've stayed away from high-flying, new-age loss-making cos: Aniruddha Naha

Naha says that fears of a recession are less of a concern for India than the developed markets and that domestic equities are likely to remain more insulated to global macro challenges.

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Aniruddha Naha

Harshita Singh New Delhi
Equity markets have regained lost ground in the last few weeks as foreign outflows began moderating and corporate earnings remained resilient. These factors keep Aniruddha Naha, Head- Equity, PGIM India Mutual Fund, upbeat on Indian equities. In an interview with Harshita Singh, Naha says that fears of a recession are less of a concern for India than the developed markets and that domestic equities are likely to remain more insulated to global macro challenges. Edited excerpts:

Have we found a bottom or is it wise to remain watchful?

There seem to be some visible differences in the outlook of developed