Vaibhav Sanghavi, co-CEO at Avendus Capital Alternate Strategies, expects the earnings growth to catch up steam and markets to follow it, going forward.
He said, "Even though we may not see a further PE rerating on the higher side but the earnings story would catch up steam and probably you may see the markets following the earnings growth going forward."
He said they continue to like PSUs including PSU banks as a tactical play in their portfolio.
"We are bullish on housing finance and insurance sector as well," he said.
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