BFSI, IT & Cyclicals: Where Smart Money Is Moving? Sandip Bansal Answers

Sandip Bansal of ASK Investment Managers explains how fresh monthly inflows are being deployed in the current market environment. The focus remains firmly on domestic-oriented businesses positioned to benefit from a cyclical recovery. While there is no single-sector bet, Bansal highlights a basket-led approach with BFSI, discretionary consumption, manufacturing, and capital goods at the core. BFSI stands out due to improving credit growth momentum, strong asset quality, and attractive valuations. He also notes a tactical bullish turn on the IT sector, supported by favourable currency dynamics, current account considerations, rising gold prices, reasonable valuations, and an improving demand outlook. Overall, ASK’s strategy balances cyclical recovery themes with selective sectoral opportunities.