New Delhi, Feb. 24 -- Riddhiman Jain, Managing Director (MD) and Head of Investment Strategy and Solutions, Waterfield Advisors, believes artificial intelligence (AI) is a secular, long-term theme, as the scale of transformation across industries suggests it is structural. Jain, however, cautioned that investors should follow a diversified approach given the sharp dispersion in returns and valuations within the AI ecosystem. In an interview with Mint, Jain also discussed the current market structure and investment strategies for gold, silver, and equities. Edited excerpts:

The domestic market's recent struggle to sustain gains has largely stemmed from a lack of fundamental fuel, but Q3FY26 can be a decisive turning point.

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