• SENSEX
    NIFTY 50
VIDEOS
Finance

Big private banks will make tons of money going forward: Saurabh Mukherjea on Lok Sabha election results

Updated : May 23, 2019 01:49 PM IST

Sharing his views on the counting of votes for the Lok Sabha elections 2019, the trends of which indicated that the Modi-led NDA was set for a massive victory, Saurabh Mukherjea of Marcellus Investment Managers said that the big private banks with good balance sheets will make a lot of money in the next couple of years.

Catch the live updates of the Lok Sabha elections here

"Two pockets in the Nifty which I think will run over the next 12 months... the first pocket is the top 4 private sector banks... the big four private sector banks with good balance sheets, good CASA franchises will make tons of money in the next couple of years. The other space is FMCG," said Mukherjea.

On infrastructure, he said, "Government spending on infrastructure in the first 3-4 years of the NDA government was actually quite handsome. I think we will do get back to that. I do not see a major uplift in government infra spends unless the government is able to sell a whole bunch of roads."

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
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