Regarding national flows, the peak of pessimism has not yet reached: ICICI Sec CIO
“Foreign Institutional Investments (FII) should reverse when these macroeconomic headwinds stabilize for a few months”
Titles ICICI | Clever | US markets
The price-to-earnings (P/E) ratio has contracted sharply, justifying investments with a long-term perspective, according to Piyush Garg, Chief Investment Officer, ICICI Securities. In conversation with Sundar Sethuraman, Garg says stocks in sectors such as consumer discretionary, fast moving consumer goods (FMCG), automotive (auto) and cement have reached attractive valuations. Edited excerpts:
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First published: Wednesday, July 13, 2022. 9:20 p.m. IST