Euro stability will help auto, steel and power equipment sector: Prateek Agarwal

In a chat with ET Now, Prateek Agarwal, CIO, ASK Investment Managers shares his views on market outlook.

Which is one group, one cluster where you are ready to allocate disproportionate amount of money and where you are confident that if you put in 100 after one year you will get 125 back?

At this point a big theme apart from the domestic stories to play out is the stability of Euro. Companies which are exposed to the Eurozone and that may be companies in the power equipment space, auto companies, steel companies would benefit from the stabilisation. So we really believe that space could do well and we are also very hopeful.