Have Steered Clear Of HDFC And HDFC Bank Now | Devina Mehra, First Global

Speaking to ET NOW, Devina Mehra, Chairperson & Chief Investment Strategist, First Global said, that valuations of some blue chips are high right now. Devina says HDFC Bank is not her top pick among banks. She holds SBI and ICICI Bank. And she says she is not overweight on financials anymore. She says there is margin compression for a host of sectors and companies and thus investors have to be extremely choosy this year. What is her perception of the current market? Is she bullish on autos and the electric vehicles theme? Watch the full interview to know more.