In Indian market, good exposure to both IT & financials the sensible way forward: Jonathan Schiessl
“The valuations in the FMCG sector have been very high traditionally and it is no surprise to see very high multiples. There is a structural growth story for many years ahead. So this sector is doing well today but if we see some sort of leadership change and China opening up in the next two months ahead, then leadership would perhaps transfer to early cyclicals as opposed to some of these FMCG stocks. ”
