Believe India Is In A Sweet Spot Despite The Global Issue, Demand Scenario Still Looks Strong | ET Now

Today RBI hikes repo rate by 50bps. We clearly saw the markets welcoming Governor’s move with all the sectoral indices trading with positive bias. Niteen Dharmawat ,Co-Founder, Aurum Capital joined ET NOW to help us understand current market dynamics and sectoral bets. He believes RBI’s move helped gaining confidence. Inflation concern is easing out and will help Indian economy’s growth runway” he says. He further highlights the concept of ‘squirrel cash’ which should be applied looking at the current market dynamics. He believes it’s time to utilize cash set aside and use it for long term. Bullish on Auto ancillary, Capital Goods, Real Estate, Financials both private as well as PSU Banks, Food Processing companies and Education/book publishing companies due to National Education Policy. #ETNow #AurumCapital #EnglishNewsRead More