Pramod Gubbi from Marcellus Investment indicated that despite high market valuations, pockets of value with predictable earnings growth exist. He discussed opportunities in private banks, autos, and specialty chemicals, emphasizing a bottom-up approach. Key triggers include global factors and economic changes affecting sectors and stocks. Investors should be discerning and focus on earnings potential.
RBI calls off T-Bill auction on higher-yield demand
The Reserve Bank of India (RBI) withdrew its ₹12,000 crore treasury bill auction for 182-day and 364-day maturities, reportedly due to high yield bids. This