Software services, healthcare, telecom among bullish sectors: Clive McDonnell, Standard Chartered (Singapore)

In a chat with ET Now, Clive McDonnell, Head Equity Strategy, Standard Chartered (Singapore), shares his views on bullish and bearish sectors in Indian market:

ET Now: What sectors would you advise investors to stick to when it comes to India and which ones to avoid?

Clive McDonnell: The sectors that we prefer in India centre on software services. We are also quite constructive towards healthcare sector and telecoms - they will be the main ones that we are overweight on.

The underweight sectors in India will centre on the banks, specifically the state owned banks, as well as some of the infrastructure players.