Post the Fed rate hike, Vivek Misra of Societe Generale expects outflow from the bond market to be higher than equity market.
The Indian market could remain volatile for the next couple of quarters, Vivek Misra, Strategist, Global Asset Allocation, Societe Generale told CNBC-TV18. He, however, said the Sensex could bottom out at 26,000, and was more bullish on midcaps compared to large caps.
Vivek Misra of Societe Generale likes banks, industrials and consumer discretionaries now and prefers private banks over public sector banks. He also advises investors to focus on largecaps at this stage.
Vivek Misra, Strategist- Asian Equities, Global Research & Strategy, Societe Generale, said he expects relatively strong earnings from Indian corporates over the next 2 years
European assets which are highly below book value will continue to be in focus among global investors.