There has been buzz around privatisation on the PSB front. Do you see this interest continuing?
The beaten down stocks or themes is the most interesting place and the public sector undertakings form a part of that. We are 2.5 months into 2021. The Nifty is up around 7.5%, the PSU Bank Index is up 30%. Metals are up 18% and the PSU basket or index itself is up 18%.
Globally, the beaten down spaces or sectors that have been the worst hit in the Covid fall are actually the biggest gainers. The PSUs form a subset of that basket. It is not just in India. In the two and a half months, Nifty is up 7.5% and the small cap index is up 20%. The midcap index is up 16%. So, the outperformance happening in the beaten down spaces. Thematically, beaten down spaces have been the biggest gainers in the last few months.
Correction in markets healthy, will be concerned only if Nifty goes below 13,600: Atul Suri
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Just a little puzzled with what is happening with the markets the last five trading sessions? Today also it has flattered to deceive and all the morning gains are sold into!
One must look at it in perspective. The Nifty was around 11,000 in September and we reached 14,700. So we had almost a 36% return just on the index in a matter of a few months. Obviously this kind of pace is not sustainable and whenever something like this happens, corrections are definitely due and it is actually good for the market. We have corrected about 6% to 7% from the top so after a 36% up move over the last four to five months, 7% correction is not a big deal.
Updated Dec 29, 2020 | 17:31 IST
As lower credit costs and rates boost buyer s confidence, the real estate has embarked on the path to profitability. The housing frenzy has just begun as buyers increasingly invest in their dream home. Representational Image 
Key Highlights
With the labour force resuming work and the government s joint reprieve, the real estate is turning away from the shadows of pandemic-led lockdown
Savills India report says that the private equity (PE) investments in real estate will grow by 30 per cent in the 2020 to $6 billion
Atul Suri of Marathon Trends - PMS says to ET Now that companies helping in home improvement is the best trigger for 2021