Talking to ET Now, Manish Sonthalia, Motilal Oswal Asset Management-PMS, says bullish on affordable housing, auto and placing a contra bet on IT and pharma sectors. This will be the first quarter when we will see the full blown impact of GST come through. Nobody really has a handle on how the things are going to play out.
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Business is growing at a very fast rate and we can substantiate that with monthly numbers on the inflows for mutual funds. I would imagine that extends out to the PMS portfolio management services industry too.
