Positive impactResults
ETMarkets Smart Talk | Manufacturing, healthcare and financialisation could create India’s next wealth creators: Sanjay Doshi
Economic Times 5 hrs ago·17 Oct 2026, 5:59 am
Sanjay Doshi of Abakkus Mutual Fund said manufacturing, healthcare and the broader trend of financialisation could become India’s next wealth‑creating engines, even as mid‑ and small‑cap valuations remain elevated. He sees opportunities across market capitalisations if investors focus on the right themes.
For retail investors this translates into a call for disciplined stock selection: prioritize companies that deliver sustainable earnings, solid cash flows and healthy returns on capital. Aligning systematic investment plans (SIPs) with long‑term objectives can help manage valuation pressures while staying exposed to the identified sectors.
Going forward, watch earnings growth, policy support and valuation trends in manufacturing, healthcare and financial services. Changes in macro data or fund‑manager positioning could signal how quickly capital may flow into these potential wealth creators.
Key takeaways
- Category: Results.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
