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Web Special: Should you invest in telecom stocks?

SI Reporter/Mumbai 10 Feb 12 | 01:14 PM

Check out the investment strategies of A K Prabhakar, Senior Vice President (Equity Research), Anand Rathi.


Smartinvestor : Hello and welcome back. The markets seem to be in a consolidation mode right now. What are the likely triggers to take them either way from here on?

A K Prabhakar : Yes, the markets have been consolidating for some time now and we expect them to continue same till the Budget session or till any other global trigger especially from Europe comes in. If the Union Budget is not fruitful since most of the positive is priced in, then markets may react to it.

A K Prabhakar : Also on the European front, if nothing concrete comes out or there are any negative comments from global front, it may negatively impact the markets.

Smartinvestor : What is your view on the telecom space that has been in news recently? Do you see value emerging in any of the telecom stocks now?



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