Welcome to ETMarkets’ Investors Guide, a show about asset classes, market trends, and investment opportunities. This is Bhaskar Dutta.
The past week has marked a remarkable reversal in sentiment against the broader market. A rank outperformer so far this year, midcap and smallcap stocks have come under pressure due to regulatory actions and rich valuations.
At the same time, the largecap space is enjoying one of its best periods this year after a breakout seen by the Nifty50 index.
In that backdrop, ETMarkets’ Chiranjivi Chakraborty caught up with Nippon India MF’s Deputy Equity CIO Shailesh Raj Bhan to understand if the reversal in sentiment among investors is here to stay, his thoughts on the economy and the biggest red flags he is seeing in the market.
Listen in!
Q. We have seen largecaps languish against the broader market stocks throughout 2021, but recently that trend seems to be reversing. Do you expect this trend to continue for the remainder of the year?
Q. Smallcaps and midcaps have seen a decent correction this past week. Do you see it as an opportunity to accumulate or a warning sign for exit?
Q. We have seen a swift recovery in the economy after the second wave but inflation is also ticking up. Do you see the risk of staglation in the economy and what is your broader view on the economic recovery?
Q. How do you suggest investors should position their portfolios from a 2-3 years perspective and do you see scope for going more defensive with higher exposure to IT, pharmaceuticals?
Q. What are the biggest red flags, if any, that you are seeing in the market currently?
Thank you, Chiranjivi and Mr Bhan, that was indeed a very insightful conversation.
That’s it folks in this week’s edition of the Investors’ Guide podcast. Do come back next Saturday for the weekly special. You can also check out our regular podcasts on the equity market twice every week day on ETMarkets.com.
Have a great day!
