ETMarkets Investors’ Guide: These sectors could be winners of next leg of rally | The Economic Times Podcast

Welcome to ETMarkets’ Investors Guide, a show about asset classes, market trends, and investment opportunities. This is Saloni Goel.

Markets globally performed well this past week and Dalal Street was no exception. Despite a couple of quarterly earnings that failed to meet Street expectations, benchmark indices hit nearly two-month highs in the week gone by. Foreign outflows too seem to be halting, for now, even as the rupee is flirting with the 80 mark. There is a clear trend where some of the underperforming themes have come back on investor radar. Will this trend sustain?

ETMarkets caught up with Devarsh Vakil, Deputy Head — Retail Research at HDFC Securities, to know the reason behind the recent market recovery. Vakil would also offer his views on winners of the recent market recovery and whether we may see a comeback of FPI inflows on a sustainable basis.

Listen in!

What is behind the recent optimism in markets globally?

Earnings so far have failed to surprise positively. Do you think no bad news is good news?

Banking is one sector which is seeing some buying of late. Do you see it outperforming going ahead?

Do you think winners in the next round of market rally would be different from the last round i.e. 2020-2021? Which are the sectors you see doing well going ahead?

We are seeing early signs of a halt in foreign outflows. Do you see FPI flows turning positive in the coming months?

Thank you Mr Vakil for the insights.

That’s all in this week’s special podcast. Do keep checking this space for more interesting content and take time out to follow our market podcasts twice every day. Stay safe and Happy Weekend!

(Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of Economic Times)

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