Sunil Singhania backs equities, platform firms and liquor stocks
In short
Sunil Singhania of Abakkus Asset Manager said he prefers equities for long-term wealth building. He also pointed to platform businesses, niche manufacturing and liquor stocks as areas to watch.
He said gold is non-productive. The comments matter for investors who follow his stock ideas and asset-allocation views.
What the reporting says
Sunil Singhania, founder of Abakkus Asset Manager, highlighted equities as his preferred route for long-term wealth creation, according to a CNBC TV18 Market summary. He pointed to platform businesses, niche manufacturing and liquor as areas to watch, while describing gold as non-productive. The remarks were framed as an investment preference and stock-picking view rather than a market call tied to a specific date or company result.
Why it matters
Sunil Singhania, founder of Abakkus Asset Manager, used a CNBC TV18 Market segment to favor equities for long-term wealth creation and to flag platform businesses, niche manufacturing and liquor stocks. He also characterized gold as non-productive. The comment is a broad investment preference rather than a company announcement or earnings update, but it may influence how some investors think about sector selection.