“I think there is a possibility that some of the FPIs reallocate part of portfolio allocations to China. However, any such decision is expected to be more tactical and not structural,” says Sachin Bajaj, EVP & Chief Investment Officer, Max Life Insurance. In an interview with ETMarkets, Bajaj said: “We are favorably positioned on the … Read more
“Temporarily, some of the corporates which used to borrow in the bond markets, are now actually finding it cheaper to borrow from the banking system because thanks to bond repricing, bond market interest rates have gone up much faster compared to the banks which are linked to the repo rate and the MCLR,” says Mihir … Read more
We continue to be very bullish on the pharma sector. We are playing a bit cautious on financials, says the Director & CIO, Max Life Insurance. Maruti, Hero MotoCorp have managed to outperform on account of the festive season as well as easing of supply. How have you read into the August auto sales numbers?Auto … Read more
The first week of July also showed continuation of the momentum that we saw in June but now in the second and third week of July, things are probably tapering off a bit, says the CIO of Max Life Insurance. Last time we spoke you were still a little cautious and valuations were continuing to … Read more