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Last Updated : Sep 10, 2016 12:25 PM IST | Source: CNBC-TV18

Like consumption stocks including tractor, OMC: Abhay Laijawala

Abhay Laijawala, Head - India Research at Deutsche Equities likes the consumption oriented stocks including tractor, 2-wheelers and oil marketing companies.


Abhay Laijawala, Head - India Research at Deutsche Equities told CNBC-TV18, "The oil marketing companies (OMCs) are consumption companies. Do not look at consumption just from a very myopic view, look at consumption from a very holistic view. Everything that is consumer interfacing is going to do very well because the drivers are all turning very positive. So, what we like therefore at this point in time selectively, it is not that we like the sector entirely, we like companies selectively within the sector."

"We like tractor companies and the two wheeler companies right now. We like the oil marketing companies and some of the staples companies as well. So, it is a mix and I will also not leave out NBFCs as well as retail oriented banks. These are consumption oriented stocks as well," he said.

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First Published on Sep 10, 2016 12:24 pm
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