Ramesh Mantri, CIO of WhiteOak Capital AMC, discusses the strong fundamentals and high valuations in various sectors, highlighting the attractiveness of financials. He mentions the impact of market rally, government spending, and the potential growth in the insurance and IT sectors. He also says private banks is the ignored part of the market and valuations are below long-term averages, fundamentals are very strong. Here a lot of alpha can be created.
Stocks to buy: Trent, ITC and Hero MotoCorp on investors’ radar
Benchmark indices dropped in a volatile session as investors grew cautious ahead of the RBI’s monetary policy decision. Trent fell slightly, ITC declined by 1.5%,
February 6, 2025