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It’s time to accumulate stocks as a long-term investor, says Emkay Global

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It’s time to accumulate stocks as a long-term investor, says Emkay Global

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Indian macros have improved dramatically over the last 15-20 days and it's time to accumulate stocks as a long-term investor. That's the view coming in from Krishna Kumar Karwa, MD of Emkay Global Financial Services.

Indian macros have improved dramatically over the last 15-20 days and it's time to accumulate stocks as a long-term investor. That's the view coming in from Krishna Kumar Karwa, MD of Emkay Global Financial Services.
According to him, liquidity crisis seems to be over in the non-banking financial companies (NBFC) space.
"Bigger NBFCs will gain in the next 12-18 months," Karwa told CNBC-TV18 on Friday.
Talking about the banking opportunities, he said, “I believe that the banking sector itself should be a big outperformer going forward.”
“Many of the company struggle on margins etc., but if oil continues to remain benign then few quarters down the line things will start looking very positive,” he added.
On the consumption front, Karwa said, “I am not so worried on the so-called slowdown in the domestic consumption story. I think what one should be focused on is that such kind of slowdown, if any, in terms of how it impacts the stock prices and if valuations becomes reasonable then it’s an opportunity for long-term investor to re-enter such stock.”
 
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