homevideos Newsmarket NewsMost auto stocks will give good returns over 6 12 months, says Carnelian Capital’s Vikas Khemani
Most auto stocks will give good returns over 6-12 months, says Carnelian Capital’s Vikas Khemani
Most automobile stocks, from a trading perspective, will give good returns over the next 6-12 months, said Vikas Khemani, founder of Carnelian Capital Advisors.
He, however, added, "The only question we still do not have an answer to is will auto stocks get those kinds of valuations as they would get in the past given some of the structural headwinds or disruption risk?"
Khemani said this is the right time to put money into the market. "Risk reward is in favour but risk perception is very negative right now, which is incrementally getting better."
Financials remains one of the favourites of Khemani as "growth will come back in the credit".
About housing finance space, he said, “We are positive on it, we are playing through that and we are playing through good developers in housing finance with sound balance sheet, sound track record without leverage and ability to deliver."
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
Colour-coordinated theme-based polling booths set up in Srinagar
May 10, 2024 9:26 AM
Haryana: 16 women among 223 candidates in fray for 10 Lok Sabha seats
May 10, 2024 9:04 AM