In a chat with ET Now, Rohit Agarwal, Equity Fund Manager, Kotak Life Insurance, says there will be new sectors, new leaders and some midcaps or quasi largecaps will become very big and enter into the Nifty index later.
Edited excerpts:
What are you liking in the market right now? Are you betting big on the entire shift from the unorganised to organised plays now that GST is going to be implemented soon?
Yes precisely that is the story we are betting big on. There is this impending GST which is likely to come in. We believe any sector which has an iota of change from unorganised to organised and any sector where you see regulations coming in, where the sector itself gets regularised, are the sectors we are very, very bullish on.
