homevideos Newsmarket News

Kotak Securities continues to remain positive on India; prefers banks, insurance, realty

videos | Mar 15, 2022 11:09 AM IST

Kotak Securities continues to remain positive on India; prefers banks, insurance, realty

Mini

If one takes a longer-term view of 12-24 months, then the traditional sectors like banks, insurance companies look attractive. said Pratik Gupta, CEO and Co-Head- Institutional Equities at Kotak Securities.

According to Pratik Gupta, CEO and Co-Head- Institutional Equities at Kotak Securities, Indian equity market is not cheap but the downside is somewhat protected given the upside risks from some of the current events. The long-term outlook still looks very good, he said.

Recommended Articles

View All

He believes if one takes a longer-term view of 12-24 months, then the traditional sectors like banks, insurance companies look attractive. He continues to like real estate and capital goods companies. He would use the current market correction to go overweight in these sectors.
Also Read:
Long-term view on pharmaceutical sector is still very positive, however over the next one-two quarters one has to be careful given the valuations, he said.
The broader point to keep in mind is the Fed rate cycle. That is the more structural, more durable risk for the equity markets worldwide as well as for India, he said.
He expects to see more rate hikes, liquidity tightening and in turn putting pressure on growth markets like India.
For the full interview, watch the accompanying video
Catch all stock market updates here
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!

Top Budget Opinions

    Most Read

    Market Movers

    View All
    Top GainersTop Losers
    CurrencyCommodities
    CompanyPriceChng%Chng