Looking at a Goldilocks scenario for corporate earnings? Mukul Kochhar is betting on 3 sectors

Looking at a Goldilocks scenario for corporate earnings? Mukul Kochhar is betting on 3 sectors

Mukul Kochhar, Head of Institutional Equities, Investec Capital Services, says he is bullish on financials, auto and pharma sectors. Financials include some very high-quality banks, regulated banks, small finance banks trading at very affordable multiples; in autos, there are OEMs, two-wheelers and some four-wheelers also at this point they have become attractive in terms of … Read more

Banks could be a contra play for next six months to one year: Mukul Kochhar

Banks could be a contra play for next six months to one year: Mukul Kochhar

With risk aversion setting in, it is best to anchor on the basis of valuations and this is what we have been recommending investors should do, says Head of Equities, Investec Capital Services. Are you positive about some of the auto names right now?In the auto sector, valuations have always been supportive. These are not … Read more