Ambit favors largecaps over midcaps for next two quarters
In short
Ambit is favoring largecap stocks over midcaps for the next two quarters.
The firm says consumption and banks may deliver steadier growth, and festive checks showed healthy demand in several consumer categories. It has also cut exposure to parts of healthcare.
What the reporting says
Ambit is preferring largecaps over midcaps for the next two quarters, according to a CNBC TV18 Market summary citing Nitin Bhasin, Head-Institutional Equities at Ambit. He said consumption and banks offer more predictable growth than expensive capex-heavy themes. The note also said festive checks showed healthy demand across several consumer categories, while Ambit has reduced exposure to parts of healthcare.
Why it matters
Ambit is favoring largecap stocks over midcaps for the next two quarters, based on comments attributed to Nitin Bhasin in a CNBC TV18 Market summary. The view is tied to healthier demand in consumer categories, more predictable growth from consumption and banks, and reduced exposure to parts of healthcare. The note is a market allocation call rather than a company event.