ETMarkets Smart Talk: Banks, defence, real estate, cement top sectors to benefit from economic expansion: Dr. Poonam Tandon
“We remain overweight on sectors that will benefit from economic expansion such as banks, industrials, utilities, defence, real estate, and cement,” says Dr. Poonam Tandon, Chief Investment Officer at IndiaFirst Life.
In an interview with ETMarkets, Tandon said: “We are very positive on the infrastructure and real estate cycle as the sector will continue to benefit with the government allocating higher budgets and offering various incentives” Edited excerpts:
October is turning out to be a roller coaster ride for investors in equity markets. Will geopolitical concerns have a long-term impact on equity markets if things escalate?
Geopolitical pressure is on the rise amid the ongoing war between Russia and Ukraine and now the Israel-Palestine conflict.
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Offering CollegeCourseWebsiteIIM LucknowIIML Chief Executive Officer ProgrammeVisitIIM KozhikodeIIMK Chief Product Officer ProgrammeVisitIndian School of BusinessISB Chief Technology OfficerVisitThe geopolitical risk threatens financial stability, global trade, and cross-border capital flows due to increased risk aversion among investors.
Besides, it will also impact the commodity markets in terms of higher inflation. We feel that geopolitical ramifications are important and complex as well to understand as it can lead to a lot of volatility in the near term but in the long run geopolitical events normally don’t have a lasting impact on the markets.
More than 40 companies have announced their buyback cumulatively putting over Rs 30,000 cr on offer. TCS is the latest one. Why are buybacks becoming common — or is it one way of hiding bad news, if any?
In the last few years many companies have been announcing share
