Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
VIDEOS
Economy

Liquidity continues to be the biggest issue for economy, says Centrum Broking’s Nischal Maheshwari

Updated : June 21, 2019 01:44 PM IST

Nischal Maheshwari, CEO of Institutional Equities & Advisory at Centrum Broking, in an interview with CNBC-TV18 on Friday, said that liquidity still remains to be the biggest issue for the economy.

“As far as non-banking financial companies (NBFCs) are concerned, I think we are still midway and that still needs to get sorted out," said Maheshwari.

“I am not worried about the banks’ asset quality. I am more worried about the NBFC asset quality because banks have got limited exposure as far as real estate is concerned. It’s the NBFCs which have huge exposure and given that they have a much smaller book and that is a bigger concern for them,” he added.

Speaking about midcap stocks, Maheshwari said, “There are spaces within the NBFC which one can approach especially which have got a good demand outlook and one of the spaces that can be looked at is construction."

According to him, EPC companies will be using cement. Therefore, cement is another space to look at.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV