Bullish on banking, auto, capital good:: ICICI Securities

Piyush Garg, CIO, ICICI Securities and Nitin Rakesh, CEO & MD, Motilal Oswal AMC discussed market performance and outlook. Piyush Garg feels that Indian markets may outperform global markets if interest rates decline. Nitin Rakesh, meanwhile, said that the current market momentum is driven by liquidity, which will be further triggered by a reversal in interest rate trend. They both remained positive on banking, auto and capital goods sector stocks.