Concerns over a new Covid variant, little-known but scary enough to send shivers down investors’ spines, delivered a blow to hopes of a swift economic recovery globally. This, at a time when inflation is a major headache for central banks and fears the US Fed could go for an earlier than expected rate hike next year, is only stoking fears in the market that is expensive and has not seen earnings rebound to its liking.
Amit Mudgill of ETMarkets.com talked to Yogesh Patil – Head of Equities – LIC Mutual Fund to know where one should invest in this market. Patil also talks about what existing investors of recent digital listings do, given the chaos.
Welcome to the show, sir.
Given that the market has not seen a big correction since March 2020, do you think the ongoing weakness offers a good entry point or should we say more is desired?
The market is concerned about valuations. What would you be buying in this market?
Other than valuations, what would be the near term worries for the market?
What would be your advice to existing investors of recent digital IPOs?
What’s the cue for the Indian market as Jerome Powell is re-nominated as Fed Chair?
Thank you Mr Patil.
That’s all
in this week’s special podcast. Do keep checking this space for more such interesting content and take time out to follow our market podcasts twice every day. Stay safe and Happy Weekend!