Market will touch new highs before election; where to park money? Sunil Subramaniam answers
Sunil Subramaniam says he has a 40% allocation in defensives, including FMCG, IT, pharma and a 60% allocation in cyclicals, “where I put in capital goods, discretionary consumption including auto and housing, into the bucket. So, a 40-60 allocation.” He also says before election, “tilt towards inflation management and consumption will be key drivers in the stock market also.”
