We think that different stocks and sectors, which are currently not favourites but are significantly undervalued are likely to become the favourites for Samvat 2081,” says Vikas Gupta, CEO and Chief Investment Strategist at OmniScience Capital.
In an interview with ETMarkets, Gupta said: “If India has to grow then the financial resources are primarily going to come from the banks and still these are priced at nearly single-digit PEs, if earnings are rationalized to account for underutilized lending capacity,