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Last Updated : Jan 29, 2018 10:57 AM IST | Source: CNBC-TV18

Tough to argue for correction given fund flows & global rally: UBS Securities

In an interview to CNBC-TV18, Gautam Chhaochharia of UBS Securities shared his views and readings on the market and specific sectors.

CNBC TV18 @moneycontrolcom

In an interview to CNBC-TV18, Gautam Chhaochharia of UBS Securities shared his views and readings on the market and specific sectors.

Chhaochharia said that the market valuations are rich on fundamental basis.

He further said that it is tough to argue for a correction given fund flows and the global rally.

Talking about economy, he said that the fiscal deficit number will be an important factor.

He mentioned that the markets will watch for signs of fiscal consolidation.

Beneficiaries of government spending focus will be a key focus, he added.

Watch accompanying video for more details…
First Published on Jan 29, 2018 10:55 am
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