Positive impactEconomy
Private banks near bottom, midcaps remain attractive: HSBC MF's Venugopal Manghat
CNBC-TV18 48 min ago·22 Sept 2026, 5:35 am
HSBC Mutual Fund CIO Venugopal Manghat says private sector banks may have hit a low, citing improving liquidity, rising loan demand and valuations that look appealing.
He also sees mid‑cap and small‑cap stocks as attractive over the medium to long term, but warns against chasing pricey industrial, defence and select mid‑cap names, suggesting investors use market pull‑backs to add to positions.
Investors should watch bank earnings, credit‑growth trends, any policy shifts affecting liquidity, and whether broader market corrections create entry points for mid‑cap and small‑cap exposure.
Key takeaways
- Category: Economy.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
