Quantum AMC added private sector banks and cement stocks recently. Here’s why

“We are bottom-up stock pickers. Our recent additions have been in one of the private sector banks and cement spaces. The private sector bank where we added has been quite conservative in terms of lending in the last few years. Recently, given the benign NPA cycle, the economic cycle continues to be fairly favourable. So they are hopeful and even we are resonating their view that credit cost could moderate at least in the medium term. ”