- SENSEXNIFTY 50
Mark Matthews, MD, Bank Julius Baer & Co, believes cyclical and value stocks will take the market higher.
“It’s the good news for India unlike the United States where the cyclical stocks have been compressed to relatively small part of the market,” said Matthews in an interview with CNBC-TV18.
According to him, the stocks around the world including India are not cheap right now. “For next 6 months, outperformance will come from the companies that did not do well.”
On COVID, he said, “It's a goldilocks scenario with COVID vaccines on the horizon.”
“Of course there is some pain to get there because it won’t be widely available for a few months but governments and central banks are providing ample liquidity between now and then,” he added.
Bank Julius Baer’s bets are concentrated in the US and China.
For the entire interview, watch video
