Buy the dips! Investment and consumption in strong wicket for 3-5 years: Sunil Subramaniam

“Consumer durable sector and consumption have strong oil related inputs. Their margins will be healthy and demand will pick up in the short term on the back of a good monsoon forecast. But medium term, post Covid, pent up demand still flowing through means that investment and consumption, the two engines of growth, are in a strong wicket for the next three to five years. Every dip is a golden opportunity to buy at this point.”