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We will now begin a new journey to build a new India, says Narendra Modi

272/543
L :0
W :353
L :0
W :92
NDA :353
UPA : 92
LOK SABHA ELECTION RESULTS 2019
Total Constituencies
543
Voter Turnout
67.11%
NDA : 353
2014 : 354 Seats
BJP
303
+
SS
18
+
Other
32
UPA : 92
2014 : 66 Seats
INC
52
+
DMK
23
+
Other
17
OTH : 97
2014 : 107 Seats
TMC
22
+
YSRCP
22
+
Other
53
VIDEOS
Market

Kotak MF overweight on capital goods, corporate banks and cement

Updated : April 23, 2019 04:43 PM IST

Harish Krishnan, Senior VP and Equity Fund Manager of Kotak Mutual Fund, is overweight on capital goods, corporate banks and cement but is underweight on consumption and export on the back of signs of a possible demand slowdown.

In an interview with CNBC-TV18, Krishnan said whatever is the election outcome, as long as there is a stable government that can last for the next five years, the market should be reasonably relieved.

"Whoever comes to power in May, things on the ground require some serious heavy lifting. There are 2-3 big issues that require urgent attention. There is a slowdown in consumption, interest rates need to come down and idiosyncratic events - be it on NBFC side, powers side and aviation - require urgent attention," he said.

 
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