We Are Currently In A Weak Investment Cycle: Vinod Karki, ICICI Securities
  • WebDesk BTVI
  • Aug 21 2019

Vinod Karki, ICICI Securities, talks about sharp corrections seen in the market post budget, finds that mid and smallcaps have been underperforming, and largecaps also on the downside of late due to FII outflows. The expert also attributes the correction to high oil prices, high interest rates, bond yields being high, liquidity crisis, earlier shortfall in monsoon, and terms the current investment cycle weak. And, he is positive on L&T stock on the back of government’s thrust on infra spending.