What Should Investors Do In This Selloff? | Shankar Sharma Shares His View

Speaking to ET NOW, Shankar Sharma said that one should not make the mistake of hanging on to weak stocks, and that market recovery will kick in as commodity prices cool off. Remarking that private sector banks should be avoided for the next two years, he said, "discretionary spending will take a hit". When asked about the Pharma sector, he claimed that it is currently a fairly mature trade, but not "exciting". So are defensives the way to go? And is more correction in store? To find out watch this interview only on ET NOW
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