Stock Markets - Missed the BULL RUN till now? Make amends and Enter NOW - Top sectors to BET - cement, steel, sugar, housing and real estate - says Nilesh Shah of Kotak AMC
One of the themes is around the revival of capital expenditure or capex. The government has been spending till now and the private sector took a backseat. Now sectors including cement, steel and sugar have been spending money on capex, Niles Shah says
Stock Markets are trading at all time high levels. In such a bull market, what should be the strategy to invest or to trade? To give the best perspective on this, Zee Business Managing Editor Anil Singhvi speaks with market expert Nilesh Shah, who is Managing Director of Kotak AMC.
The markets are hovering around the lifetime high levels and the investors are anticipating some correction. The markets have moved one way and it is only about time that there is some correction, the Market Guru said while probing the MD about his taken on the current situation.
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Singhvi asked what those investors should do who have still not participated in the bull run.
Giving analogy of a swimmer, Shah said that if one has to learn swimming, he must get into the water. An investor willing to enter markets mut be prepared to deal with the rise and fall in the stock markets, he further said.
Instead of fearing the correction or uptrends one must try to embrace the situations, he further said. As a rule one must book profit on a rising markets and make investments in the falling markets, he further added.
Those who have still not been the part of the bull market run now have the opportunity to enter the markets, Shah said. He suggested a few themes to the investors.
One of the themes is around the revival of capital expenditure or capex. The government has been spending till now and the private sector took a backseat. Now sectors including cement, steel and sugar have been spending money on capex, Shah said.
The capex will now run on two wheels – public and private.
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Another theme is home improvement amid work from home situation due to pandemic. The interest rates for housing loan are at their lowest levels. He was bullish on the housing and real estate segment and companies with business interests in paints, tiles, cement, furniture, pipes, electricals will be big beneficiaries, he opined.
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