Author: India

Last week, US Fed chairman Jerome Powell in an extremely hawkish speech said the Fed will keep raising rates for a while as inflation has not come down to comfortable levels. Following his comments, shares fell like nine pins across the globe Helios Capital founder Samir Arora. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // […]

Sahil Kapoor is the Head Products and Market Strategist at DSP Investment Managers In uncertain or rather more volatile times, the best strategy is don’t overpay and don’t buy bad businesses, says Sahil Kapoor of DSP Mutual Fund. At this point, DSP Mutual Fund believes there is opportunity in healthcare, BFSI, auto, and consumption stocks, says […]

Aditya Birla Sun Life Mutual Fund continues to remain bullish on the manufacturing sector and will stay invested in it, in addition to the service sectors, says its CEO A Balasubramanian. He oversees nearly Rs 3,07,400 crore of assets under management (AUM) at the AMC. He says that the manufacturing sector has been gaining in […]

Aditya Birla Sun Life Mutual Fund continues to remain bullish on the manufacturing sector and will stay invested in it, in addition to the service sectors, says its CEO A Balasubramanian. He oversees nearly Rs 3,70,600 crore of assets under management (AUM) at the AMC. He says that the manufacturing sector has been gaining in […]

Kristal.AI founder and CEO Asheesh Chanda thinks that India is a strong structural story and will remain a major wealth generator for years to come despite global headwinds. Chanda, who has more than 15 years of experience in the financial industry, says as China is still recovering from the coronavirus pandemic and Europe sees sub-par […]

Pradeep Gupta of Anand Rathi Group. After the recent significant correction, Pradeep Gupta of Anand Rathi Group thinks that the markets have priced in the major part of the global risks. Thanks to the recent strong earnings growth, valuations of Indian equities have become reasonable to attractive, and hence, the outlook for the Indian economy […]

US Federal Reserve Chair Jerome Powell In stark contrast to his speech last year, where he called inflation transitory and worried about monetary tightening hurting economic activity, the US Federal Reserve Chairman Jerome Powell has said that halting inflation is now primary. He said that the monetary authority will continue its interest rate hike even […]

Christopher Wood, global head of equities at Jefferies, said India is by far the best structural story in Asia and the resilience shown by the country’s market this year has taken him by surprise. Wood has been bullish on India for a while now. He has given the largest 40 percent weightage to the country […]

Jitendra Gohil of Credit Suisse Credit Suisse Wealth Management is still tactically neutral on India equities – not underweight and advises investors to buy the dip as India’s medium-term outlook remains very attractive, Jitendra Gohil, the Head of India Equity Research says in an interview with Moneycontrol. The global economic environment has weakened but India […]

Mark Matthews, MD of Bank Julius Baer and Co. While investors agonise over what the US Federal Reserve Chief Jerome Powell may indicate in terms of the rate trajectory at Jackson Hole Symposium later this week, Bank Julius Baer’s managing director and head of research for Asia Mark Mathews looks sanguine. In his opinion, investor […]

Semiconductor supplies have returned to normal and prices of key raw materials like metals are off 30-40 percent from their recent highs, relieving margin pressure on auto companies. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // $ (‘#greentxt_’+articleId).removeClass(“greentxt”).addClass(“redtxt”); // $ (‘.arw_green’).removeClass(“arw_green”).addClass(“arw_red”); //} if(resData[stkKey][‘percentchange’] >= 0){ […]

Equirus Securities is cautious on export-driven sectors, given the recessionary concerns globally, except sectors where India is benefitting from China+1 sourcing, Ashutosh Tiwari, Managing Director of Research, says in an interview with Moneycontrol. However, domestic demand is expected to remain healthy, driven by the expected improvement in rural demand post normal monsoon and government spending […]

Stock picking may not work in defense sector, which is one of his picks, but buying a basket of private and public sector players is a good idea, said the market expert Nilesh Shah, Founder and Chief Executive Officer of Envision Capital ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); […]

Bhawana Chhabra of Elara Capital Tech stocks seem to have run into a bad sector, trading in the red for the last four sessions, and hitting a three-week low on Tuesday. High valuations and shrinking margins are believed to be the major perpetrators of the slump for IT companies in the market. Bhawana Chhabra, who is […]

Stock picking may not work in defense sector, which is one of his picks, but buying a basket of private and public sector players is a good idea, said the market expert Nilesh Shah, Founder and Chief Executive Officer of Envision Capital ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); […]

Blame it on the shrinking margins or fears of a global recession, IT stocks have been under pressure. Sample this: Nifty IT is currently down over 27 percent from its all-time high of 39,446.70 it scaled in January 2022. Further, JPMorgan downgraded its Indian IT sector stance to underweight on 18 May 2022. In the current environment, Envision […]

India’s equity benchmarks the 30-pack Sensex and the broad-based Nifty staged a strong comeback from the lows of June in recent weeks, closing in on all-time highs they hit in October 2021 but since then, they have faced stiff resistance. The Nifty is trading near 17,500, 6 percent away from the peak of 18,604. Similarly, the Sensex is […]