ETMarkets Smart Talk: You need Virat Kohli stocks representing reliable blue chips to generate wealth: Sonam Srivastava

economictimes.indiatimes.com:

“Investing is akin to a game of cricket, where strategy and endurance are key. In this analogy, building a portfolio is like forming a cricket team,” Sonam Srivastava, smallcase manager and Founder, Wright Research.

In an interview with ETMarkets, Srivastava said: “You need steady players like Virat Kohli, representing reliable, consistent investments such as blue-chip stocks or stable sectors. They are the backbone of your portfolio, ensuring steady growth and resilience during market fluctuations,” Edited excerpts:

Samvat 2080 started on a positive note as the market picked up momentum. Where are markets headed?
The commencement of Samvat 2080 on a positive note is indicative of a bullish sentiment in the Indian stock market. This optimism is rooted in several factors, including the expectations of FED rate cut and return of liquidity, progressive policy reforms by the government, and the resilience of major sectors like IT and healthcare. There is a definite resurgence of positive sentiments in the market.

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However, investors should remain vigilant of global economic uncertainties, such as fluctuations in oil prices, changes in U.S. monetary policy, and geopolitical tensions, which could impact market dynamics.

Domestically, inflationary pressures and supply chain disruptions pose challenges. We expect the markets to move forward with a positive bias, but investors are advised to focus on diversification and invest in fundamentally strong stocks and sectors that show