Expert view: Nifty 50 may rebound soon; don’t prioritise gold over equities, says Naveen Kulkarni of Axis Securities PMS
1 month, 1 week ago

Expert view: Nifty 50 may rebound soon; don’t prioritise gold over equities, says Naveen Kulkarni of Axis Securities PMS

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Expert view: Naveen Kulkarni, Chief Investment Officer at Axis Securities PMS, believes the Indian stock market has entered an oversold zone and looks set for a rebound. In an interview with Mint's Nishant Kumar, Kulkarni said that gold is an important asset class to consider, but it shouldn't come at the expense of equity investments. That said, growth prospects are showing signs of gradual improvement, indicating that value in the Indian economy may soon emerge, leading to the stabilisation of the currency. Therefore, while gold is an important asset class to consider, it shouldn't come at the expense of equity investments, which will still deliver superior returns from current levels.

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