Liquidity will drive mkt even as economy weak: Ajay Srivastava 

 Ajay Srivastava of Dimensions expects major consolidation in the non-banking financial companies (NBFC) space in the medium-term. Smaller NBFCs in the industry can gain on these potential M&A opportunities, he added. Ajay Srivastava (more) CEO, Dimensions Corporate Finance Services Pvt Ltd | Error loading player: No playable sources found Liquidity will continue to drive the market higher going ahead as the rally in the global markets continues, said Ajay Srivastava, CEO at Dimensions Corporate Finance Services. 

 He said investors need not bother with market fundamentals as long as liquidity flows into the market. However, sagging Indian economy is a concern, which may impact the rally, he said. He expects major consolidation in the non-banking financial companies (NBFC) space in the medium-term. Smaller NBFCs in the industry can gain on these potential M&A opportunities, he added. He is wary about the over-dependence on retail credit in the banking sector. He is positive on the commercial vehicles space in the auto sector and likes Tata Global Beverages. 

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