Financials, power sector valuations comfortable, says S Naren of ICICI AMC
Fri, Jun 2, 2023 3:30 PM

Financials, power sector valuations comfortable, says S Naren of ICICI AMC

A Flip by Shubhangi Gupta
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ICICI Prudential Asset Management Company’s CIO S Naren has said valuations can exceed the historical range even as he acknowledged the country's robust macroeconomic indicators and structural potential. Asked about sectors that offer comfortable valuations, Naren picked financials and power. He, however, advised caution while investing in financials, saying it is a leveraged sector.

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