PSU, Banking, FMCG & IT: Which Sector Seems The Best Bet? | The Talking Point

Harish Krishnan, Co-CIO and Head Equity, ABSLMF gives insights on which sector seem to be the best amongst PSUs, banking, FMCG and IT. He says 'Markets move in a random walk on daily basis, but indices gave positive returns on 70% of the days over past 12-18 months; Banking space has gotten derated significantly; Segments where profits have normalized can be rerated in the future; Certain pockets have seen valuations surge significantly among PSUs; The Story In Indian Equities Is Still Very Encouraging.'

#stockmarket #banking #fmcg
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