In an interview to CNBC-TV18, Vinit Sambre, head-equities, DSP Investment Managers, shared his reading and outlook on specific stocks and sectors.
"Wherever we have high conviction on our existing sectors we continue to add to those. Given the current low inflationary environment, we expect the interest rate to remain low. Due to the upcoming elections, we also expect a lot of dole-outs which will be given out especially in the rural sector. So, I think the categories which are linked to some of these segments of the economy, those are expected to do well," said Sambre.
In line with those, we continue to remain positive on the banking sector given the low interest rate, improvement in liquidity and credit cost environment is also becoming more favourable for the banking sector overall, he said.
"The sectors which are linked directly or indirectly to the rural side, those are the ones to look forward to. So, those are really the bets which we are looking on and trying to build more in our midcap and smallcap portfolios," Sambre added.
"Within the auto space, it is auto ancillary which we try to indirectly play the whole theme. There is also the whole spectrum of the financial space which is by and large also catering to the rural side of the economy. We are also looking at some improvement in the capex plays, so cement materials, agro chemicals, a combination of some of these segments is what we are really bullish about."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.