ETMarkets Smart Talk | India enters earnings-led phase; Anil Rego favours financials, autos, industrials

Anil Rego said India’s equity market is moving from a valuation-driven phase to an earnings-led one. He believes the worst of the correction is behind us. Rego favours financials, autos, and industrials. He said, "We see the current phase more as a period of consolidation and base-building than a breakdown."