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Indian markets are undergoing a welcoming correction currently and the structural story remains intact. That’s the word coming in from Vaibhav Sanghavi - Managing Director, Ambit Investment Advisors who oversees the long-short fund called the Ambit Alpha Fund at the financial services firm. He believes that RBI may reduce rates by about 250bps over the next 2 years and hence at this juncture it’s prudent to go overweight in the financials sector. Listen to him discuss all this and more with ET NOW’s Ajaya Sharma and Taneia Bhardwaj on Market Hour.
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