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Nov 06, 2017 10:59 AM IST | Source: CNBC-TV18

Recommend investors to hold Reliance Nippon AMC: Haitong Securities

In an interview to CNBC-TV18, Santosh Singh, Head of Research-India at Haitong Securities shared his views and readings on the new listing of Reliance Nippon Life Asset Management.

CNBC TV18 @moneycontrolcom

In an interview to CNBC-TV18, Santosh Singh, Head of Research-India at Haitong Securities shared his views and readings on the new listing of Reliance Nippon Life Asset Management.

According to him, Reliance Life Nippon’s initial public offering (IPO) price was good. Therefore, had valued it at Rs 17,000 crore, he added.

He recommends investors to hold Reliance Nippon AMC.

He further said that Reliance Capital will become a good investment if its balance sheet gets cleaner.

Watch accompanying video for more details.
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