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'Banking sector a good long-term bet despite expensive valuation'

Market was expected to enter a new zone as soon as the US election was over and the next biggest trigger for the equities will be another set of stimulus promised by the US and European Government, says SATISH MENON, executive director at Geojit Financial Services, in an interview with Swati Verma. Edited excerpts. Market is back at record high levels. Your view. Also, what will be the next triggers for the equities? It was expected that the market will move to a new zone as soon as the US election was over. This was because new investments were put on-hold during September - Octob.....

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