“As the wedding season sets in, the hotel industry is going through the roof. As an ancillary to that, car sales will pick up. Maruti becomes a very good play. Ashok Leyland is the third largest bus maker in the world and is only gaining traction. So, autos and entertainment is something which you can easily play. One can add some of the other consumer discretionaries.”
“The next one year may not be very exciting for value investors because all of us know it is very rich valuations in general, so we have to go bottom-up stock pickers or business pickers, very selective, looking at the future of these companies and the verticals they are operating in and that way it is exciting. But in general, hurrying to pick stocks at these valuations, is not going to work.”
Net data open interest positioning in index futures is suggestive that short bets are still heavy in the system but are beter than what they were at the beginning of the November series, say analyst
Small- and mid-cap stocks have trounced their larger peers this year amid bets that domestic-facing names will benefit more from the nations economic growth that is among the worlds fastest. The S&P BSE MidSmall Cap Index has surged 30% since Jan. 1, more than four times the gain in the benchmark S&P BSE Sensex Index.