Foresee Lot Of Opportunity In Capital Good Sector: Sahil Kapoor | ET Now | Latest News

Sahil Kapoor, Head of Products & Market Strategist, DSP Investment Managers in conversation with Ajaya Sharma of ET NOW to give us micro & macro perspectives and his sectoral bets. According to him change in inflation trajectory will be the most important event for financial markets; causing ‘risk-off’ behavior to take a back seat. He highlights that the US housing market weighs 42% of the US CPI. At the current juncture, seeing MoM decline in rentals for the first time this year. “Extent of decline in CPI will increase by Dec and Jan,” he says. Oil and energy shock impose the biggest risk to the above hypothesis. He further shares his views on the Emerging Market. He believes Emerging Markets are cheap & oversold. Look for the trajectory in the US Dollar & fund flows to ascertain when EMs turn for good, he adds. The capital Goods sector is likely to continue to do well over the long term as capacity utilization levels begin to rise, corporate loan growth recovers, and government capital expenditure numbers look healthy aiding growth in the sector. Listen In! #ETNow #LatestNews #SahilKapoorRead More