Consider lithium ion battery makers, some auto ancillaries and maybe Bajaj Auto and Maruti on dips among the OEMs, says, Co-founder,. I would be tempted to look at Bajaj Auto because of the diversified portfolio it has as exports tend to be 50% of the volumes. While ICICI would see re-rating earlier than Axis, Axis possibly could be maybe two-three quarters away but the second half looks good. The stronger banks will continue to gain market share not only in CASA but in deposits, in FX, in SME everywhere. In current account, once you lose market share, then the entire relationship -- the FX, term loans, working capital, everything shifts.

Source: Economic Times August 01, 2019 11:48 UTC