VERIFIEDET Stocks·31 Jul 2026neutral

Sankaran Naren favours banks, power as oil risks loom

AI Summary

·Sankaran Naren, CIO of ICICI Prudential Asset Management, is bullish on banks, power utilities, oil refiners, and pharmaceuticals.
·He cited attractive valuations and improving earnings as reasons for his optimism.
·Naren warned that a sharp rise in crude oil prices could negatively impact market valuations.