Home›US Markets›Sectors›Bonanza Portfolio CIO backs earnings visibility over b…

Bonanza Portfolio CIO backs earnings visibility over broad index beta

Achin Goel said the strategy favors sectors including pharma, precision engineering, and select defence, with a focus on companies showing balance sheet strength and execution.

Reported · Written up by our desk · Sectors

Bonanza Portfolio CIO Achin Goel said he sees selective value in the market, pointing investors toward stock-specific opportunities rather than broad-based “beta” after weak headline index performance, according to LiveMint Markets.

In an interview with Mint, Goel said markets are rewarding earnings visibility, balance sheet strength, and execution, and that re-rating expectations should depend on how factors such as crude oil, geopolitics, global rates, trade related uncertainty, and corporate earnings evolve.

At the sector level, he said his focus is on pharma, precision engineering, and select defence, and within financials, on select PSU banks and well-capitalised mid-sized private banks.

Latest closeWTI crude $93.42 ▲1.1%

More like this

Sources