“Domestic-oriented sectors are where we see the maximum opportunity and growth potential. Reasonable valuations and good opportunity lie with private banks, insurance and domestic auto. While looking for stocks, I check the companies’ track record of cash generation, theor capital allocation, valuation and also how the market share has shaped up.”
Adani Green among 2 stock recommendations for Monday
Domestic equities ended flat on Friday as MPC matched market expectations, while supportive measures announced by the RBI Governor helped strengthen the rupee.