ICICI Prudential AMC Equity View
  • Elizabeth George
  • Oct 01 2013

October 1: ICICI Prudential AMC’s S. Naren says we’ve been underweight consumer discretionary stocks and are waiting for a correction in auto as there are good opportunities in the long run. “We’ve been overweight metals and have faced pain often,” he says, adding that the sector is China-driven. Recently, the sector has done well; they are cheap and have individual issues and once these get sorted, the sector will do very well, he adds.