Stay away from entering aviation at this point: Lancelot D'cunha, Sharyans Wealth Management

Lancelot D'cunha, CEO, Sharyans Wealth Management, in a chat with ET Now talks about the aviation space.

What is your recommendation on the entire aviation space?

My view on the aviation sector has always been that at the current valuations, it is pretty much priced in. The future growth story - as we see it unfolding - is not going to result in huge profits because these profits are going to get affected by government regulations, by changing the rules. Aviation sector was much more attractive may be a year ago than what it is today.

So at this point of time, one should look at staying away from the aviation sector because there are much more other attractive opportunities available in the market to look at. I would really stay away from entering at this point in time.