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Buy post market volatility, bet on IT pharma: Atul Suri

Amongst the emerging markets (EMs), India has seen mild FII outflows in last six months. However, he expects volatility will continue in next three to six months.

Ace trader Atul Suri believes that the current market is a “correction in a larger bull market.”

Amongst the emerging markets (EMs), India has seen mild FII outflows in last six months. However, he expects volatility will continue in next three to six months.

“Domestic institutional investors (DIIs) will be the big story in India,” he says.

Post the volatility, he says opportunities will flow in and the current outperformers in volatile market will emerge as winners. He is bullish on midcap IT and pharmaceutical stocks and says that pharmaceutical is in multi year bull market.

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