Commodities will be biggest gainers of Russia-Ukraine crisis: B Gopkumar

As long as the Russia-Ukraine heat continues, commodities will be the dominating theme versus the consumption theme said B Gopkumar, MD and CEO at Axis Securities.

The benchmark S&P BSE Sensex and the Nifty50 indices have corrected 10 per cent from their recent January peaks as global headwinds including Ukraine-Russia conflict, soaring oil prices, and sustained FPI selling weighed on the markets. Against this backdrop, B GOPKUMAR, MD & CEO at Axis Securities, tells Nikita Vashisht in an interview that given the volatility, it is wise to invest in quality large-cap and mid-cap stocks, as the earning expectations remain strong. Edited excerpts:

With the Ukraine-Russia conflict deepening, where are markets headed?

Geopolitical events often come up with short-term reactions in the market as the dominant news flow