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'Markets have not hit the bottom yet; select banks, autos attractive'

Direct impact of rising interest rates might already be discounted by the markets, but secondary impact is not yet fully priced in, says Varun Lohchab, head of institutional research, HDFC Securities

Market news | Nifty | BSE NSE

Lovisha Darad  |  New Delhi 

Varun Lohchab, HDFC
Varun Lohchab, HDFC

Though the Indian saw record foreign inflows of Rs 2.7 trillion in FY21, the overall net inflow stands only at Rs 1.1 trillion in the last seven years. VARUN LOHCHAB, head of institutional research at HDFC Securities, tells Lovisha Darad in an interview that the direct impact of rising interest rates might already be discounted by the markets, the secondary impact is not yet fully priced in. Edited excerpts:



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First Published: Fri, June 17 2022. 12:07 IST