Friday 7 November 2008

Anantakrishnan optimistic on the banking, infra space

TS Anantakrishnan, Director of Prime wealth management is optimistic in the banking, infrastructure space.

Anantakrishnan told CNBC-TV18, "Power stocks had been beaten down quite a bit. There is a bit of short covering, which is happening but if liquidity is infused in the manner that its been done and not only you have monetary policy but also a fiscal policy you are going to have banks as well as infrastructure plays, which are quite dependent on liquidity infusions to perform well. So we are quite optimistic in the banking and the infrastructure space and are selectively adding at this point."

Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the above stock/sector.

Source: Moneycontrol

Posted by Harsh at 07:25

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