A Balasubramanian, CEO, Birla Sun Life MF, in an interview with CNBC-TV18 spoke about his strategy during the volatile market. He picks the defensive Pharma and FMCG sectors for the season and goes neutral on the IT sector.
Below is a verbatim transcript. Also watch the accompanying video. Q: The market has been quite volatile over last few days. Have you been deploying cash in some of the stocks? What has been your strategy over the last few days? A: Our strategy has been, of course, broadly on one, stock specific and a few on sector specific. At the same time, we go by the earnings of some of the companies which have come and what could be the expected numbers from some of these companies in the next one- or two-year time frame. Having said that, generally we donDiscover 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!
