Focus on structural trends, ignore market noise: Hiren Ved

Hiren Ved of Alchemy Capital Management argued that long-term investors should focus on structural trends and underlying fundamentals rather than reacting to short-term market narratives. He identified a global capital expenditure supercycle—driven by defence, semiconductors, energy security, and supply-chain resilience—as a defining investment theme of the decade. Ved also pushed back against the narrative that India lacks an AI play, suggesting the country has underappreciated opportunities in the artificial intelligence ecosystem.