00:00pressure and you're seeing that in terms of the stock prices also
00:05market nifty 500 point down so there is panic in the market there is fear in the market but
00:14as we all know okay panic and fear gives you the best opportunities
00:18kovid russia ukraine war and probably iran and israel one two years and you'll feel that okay
00:26this was one of the best opportunities where i could have invested in money
00:29just like today we think about kovid
00:32yeah today we think about russia ukraine
00:37again and if you just able to buy the right stocks at this time then you got to make very
00:47good returns for the next two years find the right stocks statement
01:09which is a very big question
01:11which is a very big question
01:26which is a good time you have to buy because already valuations already have been very
01:29difficult mid-cap and small-cap
01:32in this period large caps are so bad correct
01:36so one is to correct
01:38one is to break from the other one is to break from the other one is to panic
01:42this is the third step in large caps
01:46which was in the volatile market
01:49which was stable in the volatile market
01:50which was stable in the volatile market
01:51so now where do you put this money
01:53which sectors do you put it in which way
01:56which stocks do you put it in which way
01:57small cap mid-cap large cap
01:59where do you put it down
02:02absolutely if you will see large caps
02:03then they didn't have performance before
02:06so if you look at reliance
02:08so if you look at reliance
02:09i am not talking about it
02:11we talk about it
02:13if you look at it
02:13if you look at nifty
02:15specifically bank nifty
02:17and reliance
02:18they have some great performance
02:20and other stocks
02:24which are again by large
02:25at a very big valuation
02:28but if you look at nifty
02:32they have some great performance
02:33because all the sectors have been sideways
02:36and after that
02:37when so big fall
02:38because of an uncertainty
02:40when iran israel
02:41it is an uncertainty
02:43at this point of time
02:44what large cap
02:45what small cap
02:462-3-3%
02:47if you look at it
02:48i think cap index
02:502%
02:50and 2%
02:52so at this point of time
02:53when there is a war
02:54no one thinks
02:55that i have a large cap
02:56or a mid cap
02:57or a small cap
02:58if you look at it
02:59if you look at it
03:04you are not saying
03:06but next
03:07two months
03:07large caps
03:07make a profit
03:08plus
03:09iran israel
03:10in a
03:12so overall
03:13zero return
03:14plus selling
03:15which is the reason why
03:16people are like
03:17large caps are not performing
03:18large caps
03:18safety
03:19large caps
03:20large caps
03:21small caps
03:22but
03:22mid caps
03:24small caps
03:24return
03:25hit
03:26and
03:29And if we talk about Nifty here, you see, the bigger problem in Nifty is Nifty IT. Nifty IT all
03:37time, I say, 40 percent, when I say 40 percent, companies like TCS, InfoSys, HCL Technologies, these were one of
03:47those companies, which in 2011 or 2020, COVID-19 fall, so people say, if they don't understand, then take TCS,
03:54InfoSys.
03:55Because India's IT is never going to go for a toss. What went wrong for IT? IT's the biggest problem
04:02was that it had to shift them to AI. Nokia had to shift them to touch screen phones, which India
04:10didn't do it, which has had the biggest fall of its life.
04:13Similarly, Indian IT's, you see, if you check globally, right now, if I talk about South Korea, KOSPI, KOSPI, which
04:20is their Nifty, KOSPI is only two shares, Samsung and Hynix.
04:25Both, you see, both AI and Semiconductors are connected. If you go to Japan, if you go to Taiwan, if
04:32you go to Taiwan, Taiwan's TSMC, Taiwan Semiconductor Manufacturing Company, Taiwan's index, Japan's index, South Korea's index, everybody is giving
04:40a grand slam run, because if there are two sectors, then it's AI and Semiconductors.
04:44Because if you look at Nasdaq, if you look at Downloads, AI has been the structural bull run, India has
04:50not been able to participate, because we have this bull run leading sector, which is AI, we are one of
04:57the best countries in terms of IT.
05:22So, Indian IT has a role, and we are at the very beginning of AI.
05:29So, I think that, as in when AI proceeds, AI ka rose, you can see it better.
05:35First, one year, the chart GPD was fascinating, that, wow, the chart GPD can write an email, and today, you
05:41just give chart GPD anything.
05:43You can make the world's biggest report, so, as we are moving closer to IT, as we are moving closer
05:50to AI, I'm sorry,
06:00but, it will be more than Nifty IT, and you see, all the major mutual funds, the last cap mutual
06:07funds drop, they all have a significant chunk of their exposure to IT.
06:20So, overall, I think that, large caps, say, if you look at large caps, as a whole, IT is far
06:26away from large caps.
07:08In India, its just 1% of my portfolio, India is just one person of my portfolio.
07:16So, at this point of time, the mid-caps and the small caps, of course, because dip
07:21and mid-caps are available at a great value, but there are better opportunities out there.
07:34So, when you are buying small caps and mid-caps, you have to be very careful.
07:39So, I would suggest, at this point of time, those stocks, whose management is very clear.
07:46They have a structural tailwind, for example, metals as a sector.
07:49Metals as a sector has a good structural tailwind, which is famous.
07:52If you are betting on finance, for example, then you will see that I have private banks in one side,
07:59HDFC Bank, and on the other side, I have PSU Banks.
08:02PSU Banks are offering a great valuation gap.
08:04Now, let me explain a fun thing.
08:07PSU Banks, if you open it at this point of time, PSU Banks are in three parts.
08:12One is the last cap, PSU Banks, the SBI, Canada Bank, they are all-time high.
08:21And if you look at those small IOB, PSB, which fundamentally is not good, but if you look at them,
08:30they have not even turned up.
08:33So, this is the last cap.
08:35So, this is the last cap, which is the last cap.
08:59It does not matter that you have your portfolio where to go.
09:03What really matters is that which stock you are taking, make sure that there is a growth ahead, there is
09:09a story ahead.
09:10Top line and bottom line at least 15% grow and the most important, they are not directly and by
09:17-large affected by crude oil.
09:19If their raw material is crude oil, then it is very important to stay away.
09:25War is over 2-3 months in business, they are in quarter results.
09:32And as soon as the quarter results are out, you will see a drop in the top line and bottom
09:35line.
09:36So again, the price correction will come.
09:39So overall, large caps are the safest bets right now.
09:43If you have large caps, if you want to buy anything, I think it should be avoided.
09:50But large caps, if you look at Reliance or some metal companies, they are very good.
09:55Mid caps and small caps.
09:57It is a good dip, good time to buy, but be selective.
10:00We will take something and expect that the return, of course market bounce back, 10-15% will come up.
10:06But if you are looking for something where you can get 50% return, 100% return,
10:10you have to be very selective for the next 2 years.
10:14yaosh
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