Macro concerns will impact few parts of the market - financials, industrials and materials, while rupee fall will help export-oriented sectors like IT, healthcare or import parity sectors like petrochemicals and energy. This in turn provides an opportunity for traders.
Macro concerns are key triggers behind the recent market fall, says P N Vijay, portfolio manager. Talking to CNBC-TV18, he says that people are very worried about the country‘s current account deficit (CAD), gross domestic product (GDP) growth and the negative index of industrial production (IIP) growth.