Manishi Raychaudhuri bets on private banks, metals, consumption plays
Published on 21/04/2026 01:09 PM
Manishi Raychaudhuri bets on private banks, metals, consumption playsManishi Raychaudhuri, Chief Executive Officer, Emmer Capital Partners, said global focus is shifting to energy security and alternative energy due to supply risks. He noted markets may be underestimating uncertainty, particularly around crude oil. For India, elevated oil prices could affect inflation and policy choices.By Prashant Nair | Reema Tendulkar | Nigel D'Souza April 21, 2026, 1:09:31 PM IST (Published)2 Min ReadManishi Raychaudhuri, Chief Executive Officer at Emmer Capital Partners, said private banks, metals and mining, and consumer discretionary segments are seeing interest, supported by earnings trends and domestic demand.
He said energy security has become a central global theme amid ongoing geopolitical tensions, with implications for both renewable investments and market risks.
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He said the West Asia situation is driving focus on supply concerns and alternatives. “It is quite obvious that pretty much the entire world would be having its focus not only on energy security going forward, but also on alternative energy,” he noted, adding that interest in green energy is likely to return.
Raychaudhuri said India remains part of the energy transition, though leadership in renewable manufacturing lies elsewhere. “India has been kind of a reasonable success story as far as this energy transition is concerned,” he said, while pointing to stronger positioning in North Asia.
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On markets, he cautioned that recent gains may be overlooking risks. “Markets believe that this is over, we are back to the pre-war situation,” he said, warning that uncertainty around supply disruptions persists.
He added that crude oil remains a key variable for India. “I would actually be a bit cautious, especially in the context of India, which is a huge oil importer,” he said, highlighting the policy trade-off between inflation and fiscal management if prices remain elevated.Catch all the latest updates from the stock market hereContinue ReadingTagsbanksBSEcrude oil pricesEnergyfund managersgeopolitical tensionsManishi RaychaudhuriMarket analystsmetalsniftyNSErenewable energysensex