Banking, Digital Platforms And AI Infrastructure: Key Market Themes | IME Capital

In an interview with NDTV Profit, Ashi Anand, Founder & CEO of IME Capital, discussed how investors can navigate a market shaped by geopolitical uncertainty, elevated oil prices, and shifting global capital flows. Ashi highlighted that IME Capital is maintaining a defensive stance with higher cash levels while closely monitoring developments in the US-Iran conflict and their potential impact on inflation, trade balances, and market sentiment. The discussion focused on several long-term investment themes that continue to offer attractive opportunities despite near-term volatility. Ashi reiterated his positive view on digital platform businesses, highlighting the ongoing migration of economic value from traditional businesses to technology-led consumer platforms. He also discussed opportunities emerging from the global AI infrastructure buildout, particularly within capital goods companies that are part of the electricity and industrial supply chain supporting data centre expansion. Additionally, Ashi shared his views on the banking sector, noting that attractive valuations, improving asset quality, and structural growth prospects make banking one of the most compelling value opportunities in the market today. While acknowledging that IT services valuations have become attractive, he emphasized that uncertainty surrounding the long-term impact of AI on business models and revenue growth continues to warrant caution.