Financials Stand Out as a Compelling Sector: Sandeep Neema

Financials Stand Out as a Compelling Sector: Sandeep Neema

Sandeep Neema, the CIO & Director – Equities at PL Asset Management, believes that financials stand out as a compelling sector on a risk-reward basis at current levels. He also suggests that Industrials and Capital Goods remain well-placed given the sustained momentum in government capital expenditure. Neema's comments come as the crude oil price temporarily spiked above the $100-a-barrel mark. However, he believes that this spike is manageable and can be absorbed by the Indian economy. Neema's views are based on his analysis of the current market trends and the potential impact of government policies on the economy.