Nilesh Shah on how to pick good stocks in a bear market
"In a bull market or bear market or range-bound market, you have to buy stocks which you believe are available at a discount to their fair value. Investment is an art and not a science," says Kotak Mutual Fund's MD Nilesh Shah. He also talks about whether the Nifty is fairly valued at 16,000 level and why he is so bullish on bank stocks.
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