“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.”
Sensex marginally lower in early trade, Nifty below 24,700; FMCG cos drag
The benchmark S&P BSE Sensex opened 47.34 points or 0.06% lower at 81,661.78, while the broader Nifty 50 index opened at 24,669.75, lower by 8.05