Beta rally more cyclical than durable: ICICI Securities
  • WebDesk BTVI
  • Apr 03 2019

Vinod Karki, ICICI Securities, says that we have seen such beta rallies quite often since FY10 that generally last for 3-5 months. He says that this rally being cyclical is unlikely to outperform the trend on a durable basis, given that we have not seen a broad-based pick up in the private investment cycle and credit cycle.