Abhishek Basumallick, Chief Equity Advisor, Intelsense Capital joins ET NOW to decode different pockets of the market and shares his views on the sectors he’s betting on. “Markets going to be consolidating, holding its breath waiting for the next move up” says Abhishek Basumallick looking at the current market construct. He believes capex cycle is turning and lays his bet on Engineering and Capital good. PLI scheme, capacity expansion likely to steer growth in this sector. Furthermore, bullish on Real Estate. Believes its beginning of real estate cycle on the back of favorable market dynamics and key metrices falling in place. “Don’t see a case where market would end the year in negative” he further adds. He expects 10-12% earnings growth, Valuations unlikely to contract.
Posted from: 0001-01-01 00:00:00Z2022-02-03 08:37:00Z[]this blog via Microsoft Power Automate.
