Saturday, April 23, 2022

Daily Voice | Banking, autos look attractive, but IT needs caution, says Ihab Dalwai of ICICI Prudential AMC

Ihab Dalwai One can be underweight sectors such as Retailing given its high valuation and increasing competitive intensity and IT as growth rates will be lower than what valuations are demanding.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-banking-autos-look-attractiveit-needs-caution-says-ihab-dalwaiicici-prudential-amc_16300661.html

No comments:

Post a Comment

US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...