Concerns on high inflation and crude prices have been, since quite sometime, playing a dampener on the markets. However, this doesn't worry Toral Munshi head of India equity research at Credit Suisse Wealth Management.
According to her, the domestic macro concerns have already been priced in, and, crude too, doesn't warrant a price above USD 90 per barrel. In fact, in an exclusive interview with CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee, she says, the market is at an attractive entry level considering a 12-month horizon. Being cautious on rate sensitives, she believes that underperformance in the space is likely in the near-term. She also feels that global liquidity is the key upside risk in the near-term. "We expect strong economic data from the US in the next couple of months," she says. Consumer plays he says will be driven primarily by earnings growth. "We don't see P/E re-rating for consumers in the near-term." Below is a verbatim transcript of Toral MunshiDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
