Ace investor and CEO of Equity Intelligence Porinju Veliyath observes the following about the markets:
- 10,000 mark is the new normal for Nifty.
- The markets have become healthy.
- The markets are reasonably and rationally priced at current levels.
- Optimistic about India’s economic situation.
- He is observing the financial space for well-managed private banks with low NPA.
- Advises the amateur investor to stay away from the PSU sector.