As 2018 draws to a close, CNBC-TV18’s Surabhi Upadhyay caught up with Manish Gunwani, CIO-Equity at Reliance MF, Amit Tripathi, CIO-Fixed Income at Reliance MF, and Sundeep Sikka, CEO at Reliance Nippon Life Asset Management who spoke on the prospects of 2019 and sectors they are bullish on.
According to Gunwani, the market is positioned well in terms of valuation and macros. “Now I think we are positioned well both in terms of valuations and macros. So if you take a two to three year perspective, you will hopefully get very healthy returns going forward," he said.
On the financial services sector, Gunwani is positive on banking sector from a long-term perspective. He said, “We like banking in general from a slightly long-term perspective as generally credit grows faster than nominal GDP.”