Bandhan AMC CIO backs IT services, private banks and exporters
In short
Bandhan AMC's equity CIO Manish Gunwani said investors should look at IT services, private banks and manufacturing exporters after the recent market fall.
He said large-cap stocks now look better on risk and reward. The report does not name any stocks or say how long this view may last.
What the reporting says
Bandhan AMC CIO Manish Gunwani said investors should focus on IT services, private banks and manufacturing exporters after the recent market correction. He argued that large-cap stocks now offer a better risk-reward setup, according to the CNBC-TV18 summary. The reporting does not name specific stocks, allocation sizes, or a timeframe for the view.
Why it matters
Bandhan AMC CIO Manish Gunwani said investors should overweight IT services, private banks and manufacturing exporters after a recent market correction. The CNBC-TV18 summary says he sees better risk-reward in large-cap stocks. The reporting does not specify which companies he prefers or what size of allocation he recommends.