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August 10, 2018 10:51 AM | Market

Consumption will be the next big theme in the market, says Atul Suri of Marathon Trends

According to Atul Suri, CEO of Marathon Trends, Indians markets are witnessing their best time compared to their global counterparts.

“India has been a spectacular market compared to anything else globally; the emerging markets (EMs) if you look at, the Morgan Stanley Capital International (MSCI) emerging market index is 20 percent down from lifetime highs," Suri told CNBC-TV18 on Friday.

“Take out US, you will find that most markets are actually struggling. India has been a standout market and the smoothness of the move. So I personally think it’s the best market in the last two-three months” he said.

Talking about the banks, he said,"Corporate and public sector undertaking (PSU) banks are undergoing a catch-up rally."

According to him, consumption will be the next big theme in the market.
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