India Markets Underperform Despite Global AI Boom
Jitendra Gohil, CIO at Bajaj Alternate Asset Management, warns on April 6, 2026 that India’s Nifty sliding to about 22,200 reflects structural underperformance because India is a net importer of AI and defence spending. He cites global AI investment topping $1 trillion and defence budgets near $2.7–3 trillion, projects 5–8% earnings growth, and recommends selective accumulation in metals, private banks, electronics, and gold.
Scoring Rationale
Timely CIO market outlook from a credible asset manager with actionable sector calls. Scored moderate for practical investment guidance and relevance to AI-driven capital flows; limited novelty and single-source commentary temper the score.
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Sources
- Read OriginalKeep buying gold on dips; 4 sectors to put your money now: Jitendra Gohileconomictimes.indiatimes.com
