Key Points
The best of the operating profit margins for crude beneficiaries like paints, tyres, OMCs may be behind them..
A mini crude correction may present buying opportunities.ETMarkets.com..
Hemang Jani: We have to also understand that this issue of market correction is not confined to HDFC Bank only but the way in which the global markets are correcting and the way we are seeing the outflows across emerging markets..
As for midcap names, some of the midcap cement companies, something like Phillips Carbon Black, some of the India-focused IT companies, MapMyIndia, Naukri, are some of the pockets that we would really want to get into but having seen such a strong performance over the last six, seven months, it will be worthwhile to wait out for the volatility to settle before you jump in...
You might be interested in
5 investment principles that Mark Mobius continues to be known for
19, Nov, 23The skill of identifying and investing in overlooked opportunities that later transformed into market leaders stands as evidence of Mark Mobius’ contrarian brilliance and unwavering commitment to his investment philosophy.