Auto revival in H2FY20?
  • WebDesk BTVI
  • Jul 25 2019

Andrew Holland, CEO, Avendus Cap Alt Strategies, shares his views on foreign portfolio investors (FPIs) pulling out from stocks following the increase in the tax surcharge, and muted sentiment in the markets post Budget announcements. In the current scenario, the expert expects earnings growth and private capex to pick up in H2FY20, thinks auto sector has significant value and will see investments in next few months, says IT is the place to hide at the moment.