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News From Press Essel MF CIO Berawala likes FMCG, insurance; underweight on healthcare sector

Essel MF CIO Berawala likes FMCG, insurance; underweight on healthcare sector

Source: MoneyControl May 25, 2018

Stock volatility is here to stay and domestic macroeconomic indicators coupled with global developments will have a big say in future movement of the market, said Viral Berawala, Chief Investment Officer, Essel Mutual Fund.

In an interview with Moneycontrol, Berawala said corporate earnings could be around 15 percent but returns can be better if certain companies in auto sector or corporate banks start being profitable.

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