NBFCs and Private Banks set to outperform, stay invested: Rahul Shah

«If you look at the biggest gainer, the crude prices which has cooled off and inflation below sub-4, RBI's interventions what we have seen, so all these things are just getting a base for our markets to move up and as I said, it will be a stock pickers and the stock specific rather than the entire market selling into it,» says Rahul Shah, MOFSL.


What is it that your strategy is in this market? Time to buy yet?
Rahul Shah: What we have seen in last five-six months after a steep correction, because stock-wise there is a lot of correction other than the indices. So, after three good years, market is showing some kind of cool-off or maybe a base which is getting created before it takes off.

So, my sense is now what we saw in last couple of years was broader base rally in which everything was moving on. So, now what we believe is it will be a stock picking which will come into the front seat and a lot of stocks will do well from here and with this correction we have seen a lot of stocks come back to a very good reasonable valuation.
So, my sense, again, one, sectors what do we like is financials, that sector has done quite well. So, we will come back and a lot of stocks looks attractive from the current levels and the broader base if we look at the data, data has been improving, so just to give you a perspective, Q2 versus Q3, Q3 was better, now I think Q4 would be better what we are expecting and things have cooled off.

If you look at the biggest gainer, the crude prices which has cooled off and inflation below