India, Aug. 20 -- India's stock market is seeing growing interest in sectors such as data centres, defence, semiconductors, aerospace and nuclear power. Investors are watching these areas closely because they could see strong growth over the next several years.

But strong long-term potential does not automatically mean every stock in these sectors is attractive at any price. Several sunrise-sector stocks have already seen sharp re-rating, making valuations one of the biggest concerns for investors today.

In an exclusive interview with Kranthi Bathini, Director, Equity Strategy at WealthMills Securities, we discussed whether data centre stocks and other emerging themes are still worth considering, how investors should approach expensiv...