The Economic Times

Rising concentration in AI stocks poses a risk: Kunal Kapoor, Morningstar CEO

Kunal Kapoor, the CEO of Morningstar, voiced unease about the dangers of focusing investments heavily on AI stocks during his Mumbai trip. He stressed that lofty expectations might not always reflect in company profits, potentially leading to disappointing market outcomes. While praising India's compelling growth story, he remarked that its investment valuations do not stand up favorably against those in emerging markets.