Here's why fund manager Aman Chowhan is positive on stocks in financial, digital space

Aman Chowhan, fund manager at Abakkus Asset Management, believes that from here on markets should continue to do well.

“We are sitting on back of a very sharp upmove, so we do expect similar kind of move. But having said that the positioning right now across is of cautious irrespective of who comes in as the President in US, most likely it is going to be Biden but irrespective of however comes in we feel that the positioning across market is pretty light, people are cautious and that should help the market to continue the upmove.”

Talking about NBFCs in his portfolio, Chowhan said, “Among financials we clearly like companies, which are market leaders in their respective segments. So we have one of the fastest growing and best position in housing finance company, we have largest CD finance companies, the insurance companies that we have has one of the best return ratios in the industry.”