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Ambareesh

Ambareesh Baliga  | Answer  |Ask -

Stock Market Expert - Answered on Feb 02, 2023

Ambareesh Baliga has 35 years of experience in different facets of the Indian equity market. In his long career, he has headed businesses in wealth management, fund management, corporate advisory, investment banking, retail finance and stock broking. Currently an independent strategy advisor to ultra high networth individuals and family offices, he regularly features as an expert on CNBC, CNBC Awaaz, NDTV and Zee Business. In the past, Baliga has worked with organisations such as Price Waterhouse, Kotak, Karvy, Way2Wealth and Edelweiss.... more
CNK Question by CNK on Feb 02, 2023Hindi
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As the FY 2022-23 was the era of growth in Small Cap arena, which Market Capital is anticipated to show golden growth this year, as per your strategic analysis of Budget FY 2023-24, and why?

Ans: Sector wise I see automobiles, auto ancillaries, consumer durables, fmcg (due to extra cash in hands of middle class tax payers), pharma and speciality chemicals doing well. So don't go by midcaps or smallcaps - buy quality companies in this space.
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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