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MUKTA ARTS : Q4 Was A Good Quarter But Expect Better Growth Going Ahead

Overweight On Auto, Telecom, IT Sector: BNP Paribas Sec

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September 25: Manishi Raychaudhuri, MD & HoR at BNP Paribas Securities, says there are some significant foreign currency earners in the auto sector. “We must not forget that the only silver lining in the Indian economy today is rural income,” he says, adding that M&M will gain on both these points. We’re clearly negative on global cyclicals like materials and energy and have almost zero exposure to public sector banks, he adds.