Bullish on Nifty: Anand Tandon, JRG Securities

In a chat with ET Now, Anand Tandon, CEO, JRG Securities, shares his views on the Indian market


What is it that you would go out and buy today if the market really tests the 4800 level?

If you get to that level, the simplest thing to do is to be first in the market and take a long position on the markets, so buy the Nifty. Then depending on how the environment is shaping up, you might want to look at various sectors. For example if oil prices were to sustainably come down, the oil marketing companies could be an interesting place to be. Similarly if you are looking at interest rates beginning to ease off because of the global imbroglio that we are in, then the capital goods segment is an area that you might want to be invested in or the infrastructure sector. Depending on the environment, you may want to change your sector shape. I would say that just purely on the basis of valuation, you can simply take a Nifty call at that level and start going long.