Neutral impactCorporate Action
Investec Capital's Mukul Kochhar calls insurance correction overdone, backs PSU banks on rate hikes
CNBC-TV18 59 min ago·30 Sept 2026, 7:20 am
Mukul Kochhar, Head of Equities at Investec Capital Services, believes the recent market correction in the insurance sector has gone too far. He argues that while valuations were stretched, the current pullback is excessive. Consequently, he is advising investors to look for opportunities in this sector.
Kochhar also highlighted other areas of interest. He sees potential in infrastructure, defence, and select banking stocks. These sectors are showing signs of value and growth, making them attractive to investors looking for stability and returns in the current market environment.
Investors should monitor the upcoming policy decisions and corporate earnings. These factors will be crucial in determining the sustainability of the rally in these sectors. Keeping a close watch on these indicators will help investors make informed decisions.
Excerpt from CNBC-TV18
Healthcare remains a preferred segment within the broader pharma and healthcare space, while infrastructure, defence and select banking stocks are also showing signs of opportunity, according to Mukul Kochhar, Head Equities, Investec Capital Services. Disclaimer: The views and investment tips expressed by investment…Read the original at CNBC-TV18
Key takeaways
- Category: Corporate Action.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. Use the price and stock snapshot to gauge how the market is responding.
