In a chat with ET Now, Deven Choksey, MD, KRChoksey Investment Managers, says falling market or falling prices definitely allows fund managers to add prized stocks in the portfolio. Edited excerpts ET Now: While we talk about the index because that has recovered quite smartly, we just heard that HCL Tech is in negotiations to buy a controlling stake in Geometric Software. What do you think of this? After a really long time, I am seeing a deal wherein a listed Indian company, a large one, is buying another listed company which is of course visibly smaller but within that Indian listed parlance. What do you make of this? Deven Choksey: I do not have any specific view about either of these...
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