Quote on Samvat 2079 by Nilesh Shah, Group President & MD, Kotak Mahindra Asset Management Company
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Below is Quote on Samvat 2079 by Nilesh Shah, Group President & MD, Kotak Mahindra Asset Management Company
“Samvat 2079 is likely to be Like Diwali. There will be celebration along with loud busting of crackers.
Ukraine, US Fed Rate, Oil, Inflation and Zero Covid policy of China will continue to bust.
A disciplined investor who can buy on the dips will make money.
A momentum investor will have tough time managing volatility.
Banks, Capital Goods, Manufacturing are likely to outperform the market in Samvat 2079. Tech and Pharma will provide interesting opportunities on a bottom up basis in the correction.”
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