3 sectors Daljeet Kohli is bullish on for next 2-3 years
«Initially, yes, there is always a resistance to the change. We might see some of that impact happening. Also, we have to understand that market has been moving in one direction for quite a long time. Now, everybody has been waiting for some kind of correction,» says Daljeet Kohli, Head Equity Roha Asset Managers.
Do you think aside of the global weakness, part of the fear in the market right now also could be with news around the sebi F&O norms?
Daljeet Kohli: Yes, I think that would be one of the considerations because these days markets we know that 95%, 98% of the total market volumes are F&O. So, most people are worried about how things will pan out over the period and the way things are being talked about, more strictness there.
Obviously, it will have some impact on the market volumes. But I think that will be just again say temporary issue. Itmay be one or two days issue and then people will get accustomed to what are the new norms.
Initially, yes, there is always a resistance to the change. We might see some of that impact happening. Also, we have to understand that market has been moving in one direction for quite a long time. Now, everybody has been waiting for some kind of correction.
Every day you talk to so many people, our investors, other stakeholders, everybody is saying why market is not correcting. So, market is just looking for some reason for correction which may or may not last for long and which may or may not be justified but that is what the market is all about.
So, I think one should be
