Brace yourself for short-term volatilities: Quantum Sec

Use the dip in the market to accumulate stocks advises Neeraj Deewan of Quantum Securities. In an interview to CNBC-TV18, Deewan says that while there is fundamentally nothing wrong with the market, one should brace for short-term volatilities owing to global uncertainties.

Deewan believes a significant amount of investment can flow into India given the high expectations people have from the upcoming Union Budget.

“Hence, now is the good time to invest in financials, auto ancillaries and capital goods,” says Deewan cherry-picking Canara Bank, Bank of India from the banking space and Crompton Greaves from the capital goods space. Watch videos for Deewan and Sudarshan Sukhani’s stock picks.