Author: India

Pradeep Gupta of Anand Rathi Group. “India’s inflation will be on a downward trend, which will continue further but until early 2023, inflation will be outside RBI’s comfort zone of under 6 percent,” said Pradeep Gupta, Co-founder & Vice Chairman of Anand Rathi Group in an interview to Moneycontrol. He said inflation coming close to […]

With the economic landscape improving in India, Ahmad Azeem, Head PMS & Principal Officer, LIC Mutual Fund, is of the view that this could be the time to invest in mid and small cap stocks. “We have increased our allocation to the mid and small cap space and currently over 40 percent of our portfolio […]

Once Nifty hits 15,200, Anant Acharya said that he will buy aggressively. The market has been largely moving sideways for a few months now, with investors and traders wondering whether there will be a breakout or a breakdown. Is the recent rally indicating a breakout, or will it just be another surge before a deep […]

Umesh Mehta of Samco Asset Management Not just India, but the world at large, has left the inflation woes behind and interest rate moderations are on the horizon, believes Umesh Mehta of Samco Asset Management. The rupee too has bottomed out with the dollar giving up its strength. “We will see a lot of inflows coming back to […]

Gaurav Dua is the Senior VP, Head – Capital Market Strategy & Investments, Sharekhan by BNP Paribas With new upcycle in auto sector, Gaurav Dua of Sharekhan by BNP Paribas believes auto and auto ancillary stocks have lot of catch up to do with benchmark indices. He further believes that auto could lead the next […]

Arpit Agrawal is a co-founder of Electrum “Manufacturing looks promising, given the government’s `Make in India’ push, and the world’s China-plus-one, and now Europe-plus-one, strategy. Driven by the government’s focus on indigenisation, the defence sector also looks good, besides, banking and financials, and speciality chemicals,” said Arpit Agrawal, Co-Founder and Director of Electrum, the portfolio […]

Amit Jain is the Co-founder of Ashika Global Family Office Services “The declining trend for US inflation (7.7 percent in October against 8.2 percent in September) looks sustainable now as most commodity prices have cooled off by 10 percent to 20 percent in the last nine months,” Amit Jain of Ashika Global Family Office Services […]

Aniruddha Naha is the Head Equity at PGIM India Mutual Fund Aniruddha Naha, Head-Equities, PGIM India Asset Management, is confident that India can manage inflation as well as rising interest rates, which have been a worry for investors, and the country’s growth story is on track. The fund manager with more than 18 years of […]

Santosh Joseph of Refolio Investments “Insurance stocks are ideal for people’s long-term portfolio,” Santosh Joseph of Refolio Investments says in an interview to Moneycontrol. The financial services professional with over 20 years of experience in asset management, banking and insurance believes having a bit of insurance stocks in the portfolio across life and health makes […]

The Indian equity benchmarks closed at a 13-month high on a stronger rupee and lower than expected US inflation data raising hopes of easing of rate hikes by the Federal Reserve. The 30-pack Sensex ended 1,181.34 points, or 1.95 percent, higher at 61,795.04, while the broader Nifty gained 321.50 points, or 1.78 percent, to 18,349.70. […]

The Indian banking sector has performed relatively well in recent times and is a preferred sector for investors, said Krishna Kumar Karwa, managing director at Emkay Global. “The banking sector continues to do well and investors should stay invested,” he said in an interview to CNBC TV18. Karwa believes that investors in the banking sector are expected […]

Apurva Sheth of Samco Securities “Improving asset quality, lower provisioning and better capital adequacy in the banking sector will increase the profitability of the sector, taking the sectoral index beyond the 45,000 level in the next two quarters,” Apurva Sheth of Samco Securities has said in an interview to Moneycontrol. He also says Samco Securities […]

Divam Sharma is the Founder of Green Portfolio Divam Sharma of Green Portfolio is highly upbeat about the market. The seasoned financial expert forecasts a 15-20 percent rally from the current levels by next November. Green Portfolio sees a lot of companies still available at very attractive valuations. The FPI money coming back should be a significant […]

Apurva Sheth of Samco Securities “Improving asset quality, lower provisioning and better capital adequacy in the banking sector will increase the profitability of the sector, taking the sectoral index beyond the 45,000 level in the next two quarters,” Apurva Sheth of Samco Securities has said in an interview to Moneycontrol. He also says Samco Securities […]

Harish Krishnan of Kotak Mahindra Asset Management Company India’s business cycle is better placed relative to the rest of the world, buoyed by reforms, favourable demographics, and corporate earnings. Sentiment is favourably poised, Harish Krishnan of Kotak Mahindra Asset Management Company said in an interview to Moneycontrol. The senior executive VP and fund manager (equity), […]

Naveen Chandramohan is the Founder & Fund Manager at ITUS Capital. “The narrative on India is extremely positive today. When you speak to FIIs, they are looking at increasing exposure in India and I believe the capital flow into our country over the next three years is bound to increase,” Naveen Chandramohan of ITUS Capital […]

Sonam Srivastava is the Founder of Wright Research “September FY23 earnings have been as per expectations, with the growth in profits being led by the banking and consumption sectors. IT services have also posted good profits and revenue growth,” Sonam Srivastava, Co-Founder, Wright Research, said in an interview to Moneycontrol. Overall, management commentaries are encouraging […]

Vikas Gupta, CEO & Chief Investment Strategist at OmniScience Capital “The biggest themes which have high quality, resilient-to-recession, high-secular growth companies are the Digital Transformation and Metaverse. The Indian IT companies which are exposed to these themes are trading at a 1-year low,” Vikas V Gupta of OmniScience Capital says in an interview to Moneycontrol. […]