Bullish On Select NBFCs: Nirmal Bang
Girish Pai, head of research and IT services analyst at Nirmal Bang Institutional Equities, says that after the recent correction in last two months of 2016, the year 2017 can be of positive returns for equities. The brokerage continues to be bullish on microfinance and gold financing companies from a 12-24 month perspective, he adds.
