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Domestic cyclicals likely to lead current market rally, says Adrian Mowat
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Domestic cyclicals likely to lead current market rally, says Adrian Mowat
Jan 6, 2021 7:53 AM

Emerging markets equity strategist Adrian Mowat in an interview with CNBC-TV18 said the current market rally will continue, but it will be different from the rally from March 2020 lows. He is of the view that there will be different companies leading the current rally.

Mowat said, "The current rally is going to be much more of a domestic cyclical rally and no longer an online, e-commerce type of rally that we have seen. You probably will see things like cement stocks being bid because people would expect further government support for the economy."

To know more, watch the video.

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

(Edited by : Jerome Anthony)

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