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Rebound here to stay? | Neelesh Surana of Mirae Asset Management to ET Now

Neelesh Surana, CIO - Mirae Asset deciphers the market volatility in an exclusive interview with ET NOW. Neelesh says the pace of the fall & recovery has been violent and markets are seeing massive unleashing across the countries.

According to Neelesh, FY22 earnings would be sub-optimal to long-term potential. Giving a sector-specific view, he says financials have been a laggard in an otherwise strong market, but believes strong franchises will be long-term winners.

Important to buy good quality franchise up to reasonable valuations and avoid sub-optimal franchise & extreme valuations is his key advise to investors. Another pocket of growth according to Neelesh Surana is techs & pharma, which he sees as long-term secular business stories.