PN Vijay, Portfolio Manager,www.askpnvijay.com in an interview to CNBC-TV18 citied his views on various sectors and how should one play stocks in these sectors in the current market situation.
"We have been buying beaten down stocks in sector like banks and auto." The reason being, a precipitous fall in commodities including crude. This is expected to lead to a downward trend in inflation and interest rates in the last quarter of calendar year. He suggests, one should follow a pecking order to enter infrastructure space in some time. He said, "L&T would be one everybodyDiscover 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!
