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Market to see cases of 'Kabhi Khushi Kabhi Gham': Atul Suri

“2022 will be a tough year of muted returns,” said Atul Suri, CEO at Marathon Trends-PMS in an interview with CNBC-TV18.

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By Sonia Shenoy   | Anuj Singhal   | Prashant Nair  Feb 23, 2022 11:30:10 AM IST (Published)

Listen to the Article(6 Minutes)
“You don’t have trending markets, you have sideways markets and that is why you will have these cases of ‘Kabhi Khushi Kabhi Gham’,” said Atul Suri, CEO at Marathon Trends-PMS in an interview with CNBC-TV18.

There won’t be runaway trending winners in the markets, he said. He believes market currently is in a consolidation phase.
“2022 will be a tough year of muted returns,” he said.
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He feels Brent crude will cross USD 100 per barrel and could head to around USD 115 per barrel, which is about 15-16 percent upside.
According to him, real estate is under-owned, under-loved space. One requires a lot of patience and a big amount of gut-ability to see 15-20 percent drawdowns. It is an interesting space but requires immense patience, he said.
For the full interview, watch the accompanying video
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