Stay with financials, will outperform: Ashwani Gujral
It is clear that financials are outperforming and if you do not want to be in the bank index, large cap and midcap financials which are now picking up.
Ashwani Gujral: It is clear that financials are outperforming and if you do not want to be in the bank index, enough large cap and midcap financials which are now picking up, particularly midcap PSU banks which really got smashed up during the decline. Now that large caps have moved up a bit, lot of catch up will happen in the midcap PSU type stocks. So if you stay with financials, as long as rally continues, you will be in the outperforming space because you have seen metals or pharma, they are kind of limping a bit. They are not showing moves like they did earlier on. So financials and probably Reliance looks like a safe place to be.
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