Bullish on FMCG, automobiles and infrastructure: Harendra Kumar, Elara Capital

Harendra Kumar, Head of Institution Broking and Global Research, Elara Capital, in a chat with ET Now talks about the sectors he is bullish on.

Can you please walk us through the sectors you are bullish on?

We continue to remain bullish on the consumption story, FMCG, automobiles and we like infrastructure plays as well. The order book is picking now at this point of time and the only concerns remains execution which is also going to happen at some point of time or the other. So we continue to cherry-pick stocks in infrastructure especially in the midcap segment where the valuations have been breaking down.