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Sensex rose 462 points to 52,727 and Nifty gained 142 points to 15,699. On Thursday, market ended higher led by gains in auto and IT shares amid mixed global cues.
DSP Mutual Fund, sees value in agrochemicals and agri inputs, textiles and auto ancillaries among smallcaps. Let us talk about the broader markets and the kind of pick up that you have seen there. Are there certain segments that you are more focused on? What about cyclicals? The last few months have seen quite swift recovery in the economy. Equally important has been the Budget where the government has made the right noises in terms of their intentions to support the broader economy. In line with that, we are witnessing a lot of optimism as far as markets are concerned.
Explore Now The metal sector outlook may be good but if a long-term investor has to play the domestic cyclicals, cement, capital goods may be the other option to look at, says DSP Mutual Fund. Tata Steel has been on your accumulation list. How bullish are you on specific leaders within the commodities basket? What is the opportunity there? As far as the commodities are concerned, the factors which are driving the commodity are a combination of global plus domestic. The global factors have to do with the huge amount of liquidity which is chasing the asset classes and which has caused some bi...