Author: India

A strong political leadership, an unrelenting reform process, and a host of cost-cutting exercises taken up by corporates- all these have created a base for robust growth over the next few quarters, provided we do not face any other unforeseen negative or disruptive event, says Deepak Jasani, Head of Retail Research at HDFC Securities. “However, one will have to be […]

Gaurav garg Gaurav Garg, Head of Research at CapitalVia Global Research said Q2FY22 earnings season has largely been in line with the market expectations, however, what is concerning is the higher cost of goods sold which has impacted margins of many companies. On the market, he feels indices might halt for some time and might […]

Santosh Meena, Head of Research at Swastika Investmart, believes the Indian economy is on the cusp of massive growth in the coming years and early signs are visible where employment is likely to witness significant recovery. “I am very optimistic about the Capex cycle in India which we were missing for more than a decade,” […]

Representative image Nifty has just broken the day’s low. It had fallen steeply on the day before, after successive days of gains, making the day’s fall even more ominous. Collapse theories do not dominate the whatsapp groups yet, but some have started to wield the “I told you so” sword. And then it happened…just as […]

With a change in the nature of economic cycles, cyclical growth sectors are likely to look more attractive. Most of these sectors have been underperformers for over five years. An improvement in capacity utilisation, emergence of a stronger rural economy, and an enhanced government spending support a strong demand outlook, believes Rajesh Cheruvu, Chief Investment Officer at Validus Wealth. […]

At a time when a euphoria of sorts has gripped the equity market with the benchmark indices scaling record highs, one voice raises a note of caution. Meet Srinivas Rao Ravuri, CIO – Equities at PGIM India Mutual Fund. Valuations are almost at a life’s high of 24x one-year forward, so there is very little room for more […]

Robust fundamentals, easy liquidity and positive sentiments have catapulted domestic equities to lifetime highs in this month. The BSE Sensex hit 62,000 mark and the NSE Nifty50 topped 18,600 level on October 19, rising more than 4 percent over September. Full unlocking of the economy by the beginning of FY23 will give more leg to the upside for […]

All factors in the economy are conducive for an accelerated growth and the economic revival would be supported aptly by corporate earnings, believes  Raghvendra Nath, Managing Director at Ladderup Wealth Management. He feels the rise in US yields is a major factor which will determine the flow of international equity. “Another factor that one should stay cognisant about […]

Gaurav Dua, Head Capital Market Strategy at Sharekhan by BNP Paribas, believes it would not be a surprise if the benchmark indices correct by 5-8 percent since the markets have to deal with the unwinding of a highly accommodative monetary policy both in the US as well in India. A correction would be healthy for the […]

Vinod Nair, Head of Research at Geojit Financial Services feels travel & tourism, hotel and aviation sectors are going to witness huge demand as the tourism sector re-opens. “My best call is on light operation cost & balance sheet companies with high penetration reach with online & internet business models,” he said in an interview […]

Ajay Kejriwal, President at Choice Broking feels that Infosys (the growth leader in the sector) and TCS (a sector leader) will continue to attract investors’ interest, mainly on the back of their ability to withstand any headwinds in the sector. “Other IT stocks will continue to react on the sectoral sentiments,” he said in an […]

Mohit Nigam, Head – PMS at Hem Securities, who is a chartered accountant by training, has about six years of experience in the capital market, said they are very bullish on the IT sector and believes that investors should hold their investments in this sector to enjoy multifold returns. “We believe mid cap IT companies […]

Poonam Tandon, Chief Investment Officer at IndiaFirst Life Insurance Company, who has over 26 years of experience in the financial services sector, expects festive push, pent-up demand, good monsoon, improving rural sentiment and improving exports to support growth in the coming months. However, key concerns of higher energy prices, ongoing coal crisis, as well as supply […]

Although the Indian economy sees a flush in liquidity, there’s no major correction around the corner and no major impact is likely till the middle of 2022 or until the US Federal Reserve gets over with the tapering of bond purchases, says Jyoti Roy, DVP Equity Strategist at Angel One. Roy feels if the energy prices remain […]

A sharp swing in corporate earnings for 2020-21 and a strong demand recovery in real estate indicate that the growth momentum that India has revived after the Covid crisis will sustain over the medium term. That’s what Janakiraman Rengaraju, VP and Portfolio Manager for Emerging Markets Equity – India at Franklin Templeton, believes. The robust recovery in tax collection, […]