Deploying funds in banking, pharma, IT, FMCGs: Prashasta Seth, IIFL Wealth, India Infoline

Prashasta Seth, Senior Fund Manager, IIFL Wealth, India Infoline, in a chat with ET Now talks about buying options in the market.

What is it that you would look to buy at current levels? Where would you deploy money?

We are deploying on same stocks that we have been buying. So we have been buying Dr Reddy’s, we have been buying United Spirits. We have bought huge a bit of Reliance, we are taking exposure in IT, HCL Tech, Wipro, Infosys and real estate. We have some amount of DLF and we haven’t kind of added it from those sugar and all, we are totally out so just not playing. But I think the same set of stocks - banking, pharma, IT, FMCGs - is where we are deploying the funds.