Any correction will be a good opportunity to accumulate auto component stocks: BP Singh, Pramerica Mutual Fund
"We do see some technical correction in the very short term, but as for the medium- to long-term view, we are very bullish."
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In a chat with ET Now, BP Singh, Executive Director & CIO-Equities, Pramerica Mutual Fund, talks about the auto components space.
ET Now: Are you still bullish on the auto component space? These stocks have really done well in the last 12 months.
BP Singh: Yes, we are still bullish. We do see some technical correction in the very short term, but as for the medium- to long-term view, we are very bullish. We would be using this opportunity to actually pick up stocks from the market.
ET Now: Are you still bullish on the auto component space? These stocks have really done well in the last 12 months.
BP Singh: Yes, we are still bullish. We do see some technical correction in the very short term, but as for the medium- to long-term view, we are very bullish. We would be using this opportunity to actually pick up stocks from the market.
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