Could there be upward moves in HDFC Bank, Reliance? Sandip Sabharwal answers
“Capital goods has been a standout space where companies are announcing new capex and order books have been strong and results are good. The technology sector has been muted and overall, it is a mixed picture in terms of overall results. Markets are trading at around 22 times next year earnings which is Nifty at 20% premium to historical valuations.”
