Cyclicals To Perform In Near-Term: CIMB
  • Prabha Hedge
  • Apr 01 2014

April 1: “Relative valuations will change in favour of cyclicals,” says, Devesh Kumar, MD & Country Head, CIMB. However, he expects defensives to perform well in the long run. Further, Kumar, warns, “Markets are likely to disappoint if infra story does not pick up.”