ETMarkets Smart Talk | AI is real, but AI valuations are not; we are in the FOMO stage of the bubble: Carnelian’s Manoj Bahety

Carnelian's Manoj Bahety cautioned that AI technology is real but current valuations are inflated, reflecting bubble-like conditions driven by fear of missing out among investors. He highlighted India's manufacturing, financials, and consumption sectors as well-positioned for long-term growth if the global AI frenzy cools. The advice to investors is to focus on fair valuations and fundamentally strong businesses.