Key Points
Apurva Sheth, Head of Market Perspectives & Research, SAMCO Securities, believes that geopolitical risks and rising US bond yields are major worries for global financial markets..
In an interview with Livemint, he recommends sticking to companies that are delivering consistently rather than trying to bottom fish..
For Indians, equities are the best asset class giving a CAGR of 12-14 percent over the long run which no other asset has given, he added..
We recommend investors to limit their exposure to equities and start increasing exposure to gold and long-tenure debt as we are close to peak interest rates..
Rising energy prices can negatively affect oil & gas companies which dont have much pricing freedom, especially the oil marketing companies..
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Should you buy the dip in IT stocks? Sandip Sabharwal answers
28, Jul, 23“The next couple of years should be better for pharma companies as the pricing outlook keeps on improving and the cost pressure is moderating as well for inputs like APIs, chemicals, etc. So, generic companies or those with a good specialty portfolio, should do well in the next few years.”