Equity to outperform other assets in '07: Ajay Srivastava
Published on Tue, Jan 02, 2007 at 09:36 | Source : Moneycontrol.com
Updated at Tue, Jan 02, 2007 at 22:00
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Equity to outperform other assets in '07: Ajay Srivastava
Ajay Srivastava of Dimensions Consulting shares his views on a likely theme for the markets in 2007. He believes that equity, as an asset class, will out perform all other asset classes in the year ahead.
Ajay Srivastava of Dimensions Consulting shares his views on a likely theme for the markets in 2007. He believes that equity, as an asset class, will outperform all other asset classes in the year ahead.
Anecdotally, he says, "If you are not on a ship that's sailing to India then I think you are on the wrong ship."
Srivastava states that 2007 will be the M&A year for Indian markets. He advises clients to selectively pick midcap stocks going into the New Year.
Comments Ajay Shrivastava, "The game of midcap should necessarily be, selectively picking up companies which have got excellent results, companies which have got M&A plays happening and one will see that results are going to be 30-40-50-60%. The problem is that when you look at a group of middle sector companies, the risk is higher, the liquidity is low and you expect them to outperform the Index, but it is not going to happen this year."
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Anecdotally, he says, "If you are not on a ship that's sailing to India then I think you are on the wrong ship." 
