ET Now Fundamental Check with R. Balakrishnan, Investment Analyst.
Just in terms of the kind of the movement that we have been seeing in most of these brokerage stocks specially Motilal Oswal in Wednesday's trade that's fairly excited on the back of good robust numbers coming the stock is up almost 9% would you think it's a good investment opportunity for people who want to play this kind of a market in terms of brokerage stocks?
For a brokerage stock I think this as you said it's a great time because the capital markets activity is reviving, you are seeing IPO pipeline building up so for full service financial services companies I think it's a great opportunity to get in. I think the key question is what kind of numbers they are going to come out with on their NBFC activities because there also I think there is a huge opportunity so this sector is going to look attractive from the one to two year perspective.
Just in terms of the kind of the movement that we have been seeing in most of these brokerage stocks specially Motilal Oswal in Wednesday's trade that's fairly excited on the back of good robust numbers coming the stock is up almost 9% would you think it's a good investment opportunity for people who want to play this kind of a market in terms of brokerage stocks?
For a brokerage stock I think this as you said it's a great time because the capital markets activity is reviving, you are seeing IPO pipeline building up so for full service financial services companies I think it's a great opportunity to get in. I think the key question is what kind of numbers they are going to come out with on their NBFC activities because there also I think there is a huge opportunity so this sector is going to look attractive from the one to two year perspective.
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