Anil Rego, a seasoned voice in the financial landscape, expects the banking, financial services, and insurance (BFSI) sector to continue experiencing positive earnings growth.
Despite a subdued overall corporate earnings performance in Q2FY25, excluding commodities, earnings growth in the BFSI sector met expectations.
Rego also pointed out that large-cap stocks have reasonable valuations, while the broader markets are overvalued.
He does not anticipate a policy rate cut by the Reserve Bank of India (RBI) in the upcoming December meeting but predicts a rate cut in the last quarter of FY25.
These insights are based on Rego's extensive investment experience spanning over three decades.