00:00Sir, you said that the FIIs are trying to break prices, so do we expect that it will become a
00:07bottom?
00:09I don't know, but we will think that if you look at the other way, the DIs buying is strong.
00:17It's two reasons.
00:18One is the SIP flows.
00:20The SIP flows are coming.
00:24It's a long-term story about the savings in the equity market.
00:29The other means that the DIs is a long-term investor.
00:32They don't have another chance to invest.
00:36For example, the FIIs is going to be in Korea, Japan, the US, the Europe.
00:40They can invest anywhere.
00:42For the DIs, India, either you can invest in equity or bond.
00:46So, DIs investing will continue.
00:50And the inflows will continue.
00:51So, in these two reasons, I think that one will get support in the market quickly.
00:57Especially in those places where the valuations are very attractive.
01:01We understand this in our company that the large cap is very attractive.
01:06And the long-term return which is made in equity, it's a waste here.
01:11That's why we have made positive views.
01:13So, if you have a positive view, then you should know which sectors are looking good at this crisis situation.
01:23Which sectors are looking good at this crisis situation?
01:24Which sectors are looking good at the radar?
01:25Long-term, if you can see it, if you can see it.
01:27Defense is an attractive bit.
01:29In defense, there is a very romantic mode in this sector.
01:34If you can see it, in the last 10 years, the warfare has changed.
01:39First, there was an army.
01:41There was an army.
01:42There were tanks and attacks.
01:43There were attacks.
01:44There were guns and rifles.
01:46Now, these are modern warfare.
01:48Where there were a lot of drones and missiles.
01:53So, the new technology has changed.
01:55And that's why there were a lot of investments in the defense sector.
01:59And the government's behalf.
02:01So, I understand that this is a good long-term story.
02:05This is a long-term story.
02:05This is a long-term story.
02:06This is a long-term story.
02:07This is a long-term story.
02:17Now, we have no addition to that.
02:21But, the story is quite nice.
02:23But, long-term story will be there.
02:25This is a long-term story.
02:26We will always have to buy it.
02:27We will do this right to know.
02:29Fundamental, there are a few risks to which you can counter?
02:35First, the risks are the most recent years.
02:38The one we saw is tariff.
02:40The one we saw is tariff.
02:44The one we saw, the one we saw.
02:47which is the FDI flows
02:50in India
02:51foreign direct investment
02:53foreign investors
02:56invest in India
02:57one shares
02:58market
02:59or plant machinery
03:01or business
03:02set up
03:04so
03:05the website
03:06set up
03:07because
03:10India
03:11had a big penalty
03:12and fear
03:13that
03:14if
03:15the FDI
03:16is less
03:17then
03:17we can impact
03:20but
03:20the risk
03:21has gone
03:21the other risk
03:24that
03:24there is
03:26some impact
03:26like
03:27share returns
03:28which
03:28is
03:28about
03:3210%
03:33then
03:33share price
03:34return
03:34is
03:3511%
03:36so
03:37if
03:42there is
03:44the risk
03:44value
03:44and
03:45D-rate
03:46so
03:46earning
03:47is less than 2-4%
03:48but
03:49the value
03:49is less than 5%
03:50so
03:51total
03:5110%
03:52so
03:54investors
03:54keep
03:55attention
03:56keep
03:56in
03:57prices
03:57are
03:58adding
03:58so
03:59you
03:59see
04:01a sharp
04:03fall
04:03because
04:04investors
04:06are
04:06thinking
04:07that
04:08if
04:08I
04:18and
04:21then
04:23if
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