R Sukumar, MD and CIO of Franklin Asian Equities at Franklin Templeton prefers private sector banks.
R Sukumar, MD and Chief Investment Officer of Franklin Asian Equities at Franklin Templeton Investments is underweight on FMCG space.
R Sukumar, MD and Chief Investment Officer of Franklin Asian Equities at Franklin Templeton Investments feels, private sector banks will continue to outperform over the long term.
Franklin Templeton is underweight on the FMCG basket and sees relatively less upside potential in the sector.
R Sukumar, Franklin Templeton Investments says there could be more upside. According to him, equity exposure is definitely warranted. "Prospects of equities look pretty good," he adds.
Sukumar of Franklin Templeton Investments believes that the market should not expect a very sharp sustained fall in interest rates from the current level in the next two quarters.
R Sukumar, managing director and chief investment officer-Franklin Asian Equities, Franklin Templeton Investments says, there is a clear possibility of upside as bull markets are built on pessimism.
R Sukumar, MD and chief investment officer - Franklin Asian Equities, Franklin Templeton Investments says, even though there is a possibility of a correction because of the recent strong rally, the market may not test the lows of 2011 as the risk aversion has abated substantially on a global basis.
R Sukumar, Franklin Templeton Investments is underweight on oil space.
Hold Bharti Airtel, says R Sukumar, Franklin Templeton Investments.
The rally of Indian market has not been enough to boost investor confidence. Most experts believe that it is a pure relief rally and lose breathe soon. This, however, has not deterred R Sukumar of Franklin Templeton Investments, who is betting high on India.
In an interview with CNBC-TV18, R Sukumar of Franklin Templeton Investments, spoke about his reading of the market and the road ahead.
Tumbling Indian market is no longer impressive for investors. Indian market has been on losing spree for the last three consecutive days. The street is nervous over rising interest rates and higher fuel prices that may dent demand in the world's second-fastest growing major economy and hit corporate earnings.
Hold telecom stocks, says R Sukumar, Franklin Templeton Investments.
Experts are looking forward to the budget for government’s controlling measures to combat inflation in India. Otherwise, they feel, there is a big risk that India might get into a tail spin because of high oil price and already high food inflation.
R Sukumar, MD and Chief Investment Officer at Franklin Asian equities of Franklin Templeton Investments expects the second half of 2011 to be better for the Indian markets. Currently, he said structural changes have been causing negative flows for mutual funds.