Capital markets at a cycle peak, large financials offer better safety: ICICI Prudential AMC
Published on 18/12/2025 11:16 AM
On technology, Tawakley said he is avoiding traditional IT services companies as he expects the US economy to weaken cyclically. A slowdown in the US could impact demand for Indian IT services.He also expressed caution on new-age tech companies that are growing rapidly while making losses. According to him, the real market size of such businesses often becomes clear only when they attempt to turn profitable.In some cases, he believes companies may need to shrink rather than scale up to improve profitability, challenging the assumption that growth alone will fix business models.For full interview, watch accompanying videoNewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.