Prefer footwear, tourism companies in consumer discretionary space, says Kotak AMC's Harish Krishnan

Harish Krishnan, executive VP and Senior Equities Fund Manager at Kotak AMC, in an interview with CNBC-TV18, said the company's particular preference at this point of time is to look at the opening up trade across the whole of consumer discretionary space.

“We are playing across the whole of consumer discretionary,” said Krishnan.

On consumption discretionary sector, he said, “Our particular preference at this point of time is to look at the opening up trade. So as and when school start up, vaccinations continue, we will see travel, entertainment, tourism, schooling, education, healthcare opening up and that is where we are positioned - footwear companies, tourism companies or even in terms of spirits which have got impacted because of the closedown of bars and restaurants. That is the spectrum that we are playing as far as the consumer discretionary is concerned.”