We are gradually reducing underweight in select financials and cyclicals: Parag Thakkar
The Portfolio Manager, ICICI Prudential PMS, says FMCG, pharma, telecom and IT are the recurring themes which will exist forever.Auto has rebounded a lot from March lows. Do you expect the rally in auto to continue or are you spotting some opportunities in auto ancillaries now?I would say that easy money has definitely been made. We have recovered significantly from the bottom. There can be some consolidation, some retracement but as you rightly pointed out, auto components stocks have not moved…
