Beat The Street With Sanjay Dutt | Exclusive

Is the current market rally justified? Should one stick to tier-2 stocks in the current rally? How should one approach midcaps' current levels? Sanjay Dutt, Director, Quantum Securities decodes the market move on ET NOW. Sanjay expects the markets to remain buoyant over the next few years and expects to see stock-specific moves from current levels with outperformance by mid & small-cap stocks. Speaking on SBI, he says there is no reason to not bet on SBI and believes the stock can give spectacular returns. He also believes the next decade will be the decade of PSU Banks, while PSUs will provide select opportunities. One sector Sanjay remains positive on is Insurance. He sees insurance as a big story for the next 10 years given that mortgage lending in India is an attractive, untapped segment.