Pvt Banks Favorite Sector Post Correction: F&C Investments
  • Ekta Tibrewal
  • Sep 03 2013

September 3: India’s position in our portfolio has been the same as all EMs struggle, says Jeff Chowdhry, Head of Emerging Equities at F&C Investments. Speaking about the Indian market, he points to IT as having been handed the fantastic windfall of the rupee depreciation. He is confident Larsen & Toubro will make its backlog estimates this year and says despite rising NPAs, HDFC Bank will ride through the crisis.