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Valuation Is Main Theme In Markets: S Naren

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October 1: We’ve been looking at infra for some time but there are a lot of things to consider, says S. Naren of ICICI Prudential AMC, adding that infra outdoes consumption from a cyclical view. Value is the theme in the markets now, with most companies trading dirt cheap, he says. There is deep value in the cement space, he says, adding that the organization has held large-cap cement names for the past two years.