Author: India

Ashish Chaturmohta of JM Financial Ashish Chaturmohta of JM Financial Services believes that the markets are not overvalued at this point, however, the speedy recovery would call for some correction. The Nifty valuation is now above 16 times forward, which is above its fair value, the Director and Head, Advisory Research at JM Financial says in […]

Rohit Srivastava, founder and market strategist at indiacharts.com, said that falling bond yields and commodity prices, against a rising dollar signal a weak economy. (Illustration: Suneesh Kalarickal) The market has kept rallying, defying expectations and crossed 17,800, a crucial level that technical analysts were watching to see if the trend will change. It has risen […]

Sriram Velayudhan says that the primary reason is that the global inflation expectations have come down. (Illustration: Suneesh Kalarickal) Indian stock markets crossed a crucial level two days ago. It trended higher than 17,800, which was a level at which technical analysts were expecting a key pivot. “If we joined the highs of October 2021, […]

Given the sharp up-move in the last two months, one should be very cautious for the short term as there could be a small dip in the markets, however, the correction should be looked at as an opportunity to buy quality stocks for the long term, says Sandeep Bhardwaj, the CEO of Retail Broking at […]

Amit Jain is the Co-founder of Ashika Global Family Office Services After an 18 percent rally from the June lows, Amit Jain of Ashika Global Family Office Services believes, the market will take a pause. From here on, the Indian market will move in tandem with its global counterparts as all local events are almost […]

China flag (File photo) A gulf has opened up between Chinese stocks and the rest of emerging-market equities in recent weeks as pandemic recoveries have diverged. That parting of ways is likely to be short-lived, fund managers say. Chinese equities are seen making up lost ground as the extreme pessimism toward its economy recedes and authorities take […]

Vijay Singhania of TradeSmart The only thing that can push the market to a level of 70,000 (on the BSE Sensex) is foreign investors flow or an end of the Russia-Ukraine war, believes Vijay Singhania of TradeSmart. However, uncertainties abound, especially with the coming winter and stoppage of gas flow to Europe, the growth uncertainty […]

Nitin Singh of Avendus Wealth Avendus Wealth Management is positive on digital, technology and consumer sectors with a focus on new-age businesses, says its Managing Director & CEO Nitin Singh, who believes India is known for being a growth market. At a 12-month forward P/E (price-to-earnings) of 20x, market valuations are back to punchy levels […]

BOB Capital Markets is positive on domestic sectors including consumption theme, says Sanjiv Saraff, Joint Managing Director. “These are good times for a patient investor who has a longer Investment Horizon.” With more than 25 years of experience in financial services, Saraff says BOB remains constructive on the domestic market but global overhangs like China […]

India is on the cusp of sustained economic recovery despite the near-term tailwinds of inflation and interest rates, says Arvind Chari, the chief investment officer at Quantum Advisors. A combination of government spending improved corporate and bank balance sheets, a pick-up in residential real estate and hiring in formal employment meant that the economy will […]

Manish Sonthalia of Motilal Oswal AMC With over 26 years of experience across equity fund management and research covering Indian markets, Manish Sonthalia of Motilal Oswal AMC believes that in all likelihood, 20,000 on the Nifty is coming sooner than the next Independence Day, probably before calendar year-end 2022. The only caveat is China and […]

Kunal Valia of Waterfield Advisors Kunal Valia of Waterfield Advisors feels the current turnaround in stance of FII with regards to India is yet to be confirmed, but he believes a large part of FII selling in India is past us. FIIs have invested Rs 12,190 crore in the last 10 days of August in […]

Hemant Kanawala of Kotak Mahindra Life If India is able to sustain growth above 6 percent through this decade, it will be the fastest growing large economy, Hemant Kanawala of Kotak Mahindra Life Insurance Company says in an interview to Moneycontrol. Outlook on global growth is muted now as all the major economies are trying […]

Vikas Gupta, CEO & Chief Investment Strategist at OmniScience Capital The market has already rallied more than 16 percent from the June-lows. Even now, the market is significantly below its intrinsic value on the basis of long-run discount rates, Vikas V Gupta, CEO & Chief Investment Strategist with nearly 20 years of experience in capital […]

Pawan Bharaddia of Equitree Capital thinks that the recent comments by the Reserve Bank of India (RBI) have been less hawkish and the projected inflation trajectory seems well within its comfort zone. With a good amount of heavy lifting done upfront, Equitree is hoping to see a slower rate hike, especially because of the impact […]