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    Positive on banking and telecom sectors, says PGIM India MF's Srinivas Rao Ravuri

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    Positive on banking and telecom sectors, says PGIM India MF's Srinivas Rao Ravuri

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    Srinivas Rao Ravuri, CIO of Equities at PGIM India Mutual Fund, believes that earnings momentum is picking up and that is driving the rally in the markets. He remains positive on both large caps as well as midcaps.

    Srinivas Rao Ravuri, CIO of Equities at PGIM India Mutual Fund, believes that earnings momentum is picking up and that is driving the rally in the markets. He remains positive on both large caps as well as midcaps.
    Speaking about NBFCs, he said, "We have exposure to one or two names in NBFC space but overall we are not so excited about NBFC versus the banking space. We are more positive on the banking space than NBFCs."
    "We are more positive on the telecom play. Telecom players also have become digital players. So we are more excited to play the digital theme through them rather than through pure e-commerce or pure internet businesses", he said.
    Watch video for more.
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