His investing tip: “… we live one month, one week, one year at a time and that’s how we really have to play our innings. It’s like cricket.”
CEO Marathon Trends Advisory Pvt Ltd
A potential slowdown in the US markets over the next few months could decide the trajectory for Indian markets as well, Marathon Trends Portfolio Management Services CEO Atul Suri has said.
“So I think the immediate concern for me in the next few months is how the US markets shape up,” he said in an interview with CNBC TV18. “If the US market start making new lows, then sooner or later, there is going to be a global issue.”
Stock markets have been choppy and moved sharply this year, tracking steep movements in global macroeconomic conditions such as inflation, bond yields and geopolitical tensions arising out of the Russia-Ukraine conflict, according to Suri.
While market movements cannot be predicted, Suri said India was the best performer globally and that banking was the top-performing sector in the country.
“Nobody knows – the market has had such swings, such mega macro moves … so to some extent, we live one month, one week, one year at a time and that’s how we really have to play our innings. It’s like cricket,” Suri said. “We are the best performing market globally.”
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