Key Points
He is bullish on auto components, technology in vehicles, and capital markets..
He sees potential growth in certain sectors while cautioning about mid and small caps.ETMarkets.com..
Santosh Kumar Singh, Fund Manager, Motilal Oswal AMC, says we are not really concerned about exposures of mid and small caps, but I am really concerned about certain areas of the market where corrections can be sharp and that has gone up in the last three-four months..
That is why we have some positions there because we still think that the space is not that expensive, because the stocks are not that expensive and at the same point in time, if the volumes keep on increasing, and it is not dependent on the market up move or down move..
My personal view is that any correction in high-quality stocks, because there are certain areas of the market I am quite concerned about, clearly because there are certain areas of the market where the valuations have gone high and these areas are mainly in the mid and small caps..
