Monday, June 3, 2019

Kunj Bansal: Why IT is a better defensive than consumer stocks - Economic Times

Kunj Bansal: Why IT is a better defensive than consumer stocks  Economic Times

The Indian market is driven more by money inflow, by increasing allocation of the savings, of the investments to equities than by earnings growth. That trend is likely to continue and that is good for broader market as well, said Kunj Bansal, Partner & CIO, Sarthi Group, in an interview with ETNOW. Buying quality at whatever price, you may not make money in that cycle though you do end up making money in the second cycle, says Bansal. Edited excerpts: The relative performance in May shows a gain of just about 2%. But when you compare us to the rest of the world, it has been a commendable ou...



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