Metals, banks and capital goods are in focus, says Indiacharts’ Rohit Srivastava

A historic week on Dalal Street with the Nifty and Sensex notching new highs every day this week. Markets record its biggest weekly gains in absolute terms. In fact, all sectoral indices give positive returns.

CNBC-TV18 spoke to Ashwini Agarwal of Ashmore Investment Management and Rohit Srivastava of Indiacharts.com to discuss the week gone by and the week to come.

Agarwal said, “Very positive sentiment has come through this week especially after softish last week both on global basis and in India. People were nervous in terms of budget. What we have seen is a big rotation into banks and domestic cyclicals. Wherever the positioning is slightly weak and earnings prospects are improving there is a lot of room for upside and financials is the one place where I think post the budget people are feeling quite positive.”