It is a very bottom-up opportunity in the financial space. What is the outlook when it comes to the entire financial space? What would be the pecking order? Would it be a clear demarcation between the largecaps vis-à-vis midcaps or are you seeing a catch-up? SUBMITAlso when we speak with companies on the ground, the kind of body language, commentary that companies are giving, further gives confidence that this is a market which has tailwinds and which is strong. It is important to have a gut much more than have an understanding of individual stocks in times of volatility and uncertainty all around.
It is not so easy and markets are telling you that today. Just invest in X, Y, Z stock and it will rally and so anybody and everybody can make money. Whenever it becomes too easy to make money, it is important that the markets give you a jolt because reality has to set in and in recent times, particularly the last two months, it has seemed as if it is very easy to make money. While markets have done well over the last two months, some amount of money has been made by a lot of people who are invested with the belief is that with each rally, book profits, take money off the table,” says Anshul Saigal, CIO, Kotak PMSĭo you believe it is a good sign that the markets are finally aligning with the global weakness? When there is complete confidence that this market is going to go up, that is when I would be concerned.
“If there is scepticism, I would be less concerned.