Shankar Sharma Warns Investors About Indian Banks, NBFCs

Shankar Sharma, a smart investor, is telling people to be careful about buying stocks of Indian banks and NBFCs right now.

He says these types of companies do well when the economy is just starting to grow, because they can make lots of loans.

But, Sharma thinks it's risky to invest in them now because the market might be getting old.

This means the good times might be ending, and loans made in the past could cause problems for the banks.

He's basically saying to think carefully about where we are in the economy before investing in these stocks.

Sharma points out that leveraged financials are good in early stages, but can be risky at the end of the cycle.