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If you don’t count Reliance, market is at 10,200 levels: B Gopkumar, Axis Securities

If you don’t count Reliance, market is at 10,200 levels: B Gopkumar, Axis Securities
If you don’t count Reliance, market is at 10,200 levels: B Gopkumar, Axis Securities
"Growth, value and quality are the three vectors that investors consider."

Synopsis

"Only large-cap stocks have rallied while mid-caps and small-caps have not moved up much. Even within large caps, the rally has been confined to a handful of stocks. Reliance Industries alone has contributed more than 1,000 points to the Nifty," says Gopkumar.

B Gopkumar, Managing Director and CEO, Axis Securities, spoke to ET Wealth about the polarisation in the market, the impact of Covid, the loan moratorium and whether gold will continue to rally.Markets have surprised everybody in the past three months. Do you think a correction is in store after this massive rally from the March-April lows? Markets have indeed run up quite a lot, but not all stocks have done well. People have seen it from an
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