Chakri Lokapriya's Investment Strategy: Focus on Financials, IT, and Cyclical Recovery
Buying the Dip: Chakri Lokapriya bets on financials, IT and cyclical revival
The Economic TimesImage: The Economic Times
Chakri Lokapriya, Chief Investment Officer of LGT Wealth, sees current market volatility as an opportunity to invest in quality stocks, particularly in financials, IT, and cyclical sectors. He highlights attractive valuations in non-banking financial companies and the potential for recovery in real estate and metals, suggesting a selective buying approach amidst uncertainty.
- 01Chakri Lokapriya is optimistic about financials and IT due to attractive valuations.
- 02He identifies non-banking financial companies as poised for recovery linked to economic stabilization.
- 03The real estate sector presents selective opportunities despite recent corrections.
- 04Cyclical stocks and travel recovery plays are seen as undervalued.
- 05Lokapriya believes improving demand in metals will support price stability.
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Chakri Lokapriya, Chief Investment Officer of LGT Wealth, views the recent market volatility as a chance to acquire quality stocks at favorable valuations. He emphasizes the financial sector, particularly non-banking financial companies (NBFCs) like Shriram and Chola, which are expected to benefit from a recovery in the commercial vehicle cycle. Lokapriya also remains positive about large-cap IT companies, citing strong order books and resilient margins, particularly for Tata Consultancy Services (TCS) and Wipro. The real estate sector has faced significant corrections, creating selective investment opportunities, especially in companies expanding into new areas like data centers. He highlights cyclical stocks, including Bharat Movers and Indian Hotels, as undervalued due to macroeconomic fears, while also expressing optimism about the metals sector, anticipating a revival in demand. Overall, Lokapriya advocates for a selective buying strategy in financials, IT, metals, and real estate, viewing the current market as an opportunity for long-term gains.
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Investors may find opportunities in sectors like financials and real estate, potentially leading to better returns on investments. This could influence market dynamics and economic recovery.
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