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Varanium Capital Advisors says investors should bet on export-oriented stocks

Updated : September 05, 2018 02:26 PM IST

Varanium Capital Advisors on Wednesday said investors should bet on export-oriented stocks and added that Indian market is inline with emerging markets like Hang Seng Index and Indonesian Index.

In an interview to CNBC-TV18's Prashant Nair and Reema Tendulkar, TS Anantakrishnan, chief executive officer, said, "This is a market, where you need to be in quality stocks where earnings visibility is clear. The financial services sector in the US is looking to ramp up and have started to do greater capex."

According to Anantakrishnan, sanctions on Iran in November my drive crude oil prices northwards.

Anantakrishnan expects some deal in North American Free Trade Agreement (NAFTA) with respect to US and Canada and some kind of rapprochement between America and China on existing trade disputes.
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