Invest in assets which have an economic turnaround not yet built in: Anish Damania

At every dip, you should buy those assets which are deleveraging plays, those assets which have an economic turnaround not yet built in.

In a chat with ET Now,Anish Damania, Head-Institutional Equities, IDFC Securities, shares his views on trends to watch out.

ET Now: So what are you advising your clients, time to sit out, watch out or it is time to put money to work?

Anish Damania: Clients would continue to put money to work. At every dip, you should buy those assets which are deleveraging plays, those assets which have an economic turnaround not yet built in.

So for example, we are looking at DLF, we are looking at Jaiprakash Associates. Among the better companies, we are looking at Eicher, Maruti. So these are the companies where you could keep putting your monies at work at all points of time and in any dips.
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