Author: India

Abhiram Eleswarapu, Head of India Equities at BNP Paribas feels on one year forward P/E basis, most sectors are trading at a premium compared to their average valuations of the past decade. “When seen in conjunction with abundant global liquidity and low yields, Indian equities are neither cheap nor expensive relative to bonds.” The Indian […]

Prem Prakash, CEO, CapitalVia Global Research, expects a healthy correction before markets resume their climb to record highs. Investors can book profits as of now, look for value-buying opportunities or opt for a buy-on-dips strategy, he says. An MBA from FMS, Prakash is a seasoned investment adviser and is tasked with putting his company on […]

Atish Matlawala, Senior Analyst at SSJ Finance & Securities believes the market will remain bullish over the longer time frame due to various policy measures taken by the government. “But we need not rule out correction of 5-10 percent in the shorter term,” he said in an interview to Moneycontrol’s Sunil Shankar Matkar. In the […]

Shrikant Chouhan, Head of Research (Retail) at Kotak Securities, who has worked in equity & derivatives research space for more than 24 years, feels larger real estate players are likely to expand their footprint as the ongoing consolidation continues to weed out smaller players from the industry. We believe Bengaluru-based players are better positioned to capitalise […]

Sahil Kapoor, Head – Products & Market Strategy at DSP Investment Managers feels India’s growth trajectory is likely to improve going ahead and may provide stable earnings trajectory for equity markets. Currently, “a dovish central banks and middling economy is an excellent combination for equity investors. That’s the backdrop available today,” said Sahil Kapoor who […]

Pushkaraj Kanitkar, VP (Equities) at GEPL Capital feels the long term trend of the Indian equity markets is bullish and any event based downfall will be temporary. On the sector, he said specialty chemicals should be a high growth lucrative opportunity going forward. “Despite the sharp run up in the valuation multiples in some companies, […]

Shailendra Kumar, Chief Investment Officer at Narnolia Financial Advisors feels till now Evergrande issue looks localised and Chinese policymakers should be able to handle it using steps like restructuring. So the correction would be an opportunity for investors to deploy money as it is not due to Indian economic factors or corporate earnings, said Shailendra […]

Nimish Shah, Chief Investment Officer – Listed Investments at Waterfield Advisors advised caution for investing fresh money into metal stocks, especially after stellar run in the sector. “At these valuations, the stock price upside from here-on is capped. A further increase in metal prices would hurt user industries. Demand will also diminish if the metal […]

Milind Muchhala, Executive Director at Julius Baer feels the Federal Reserve in its policy meeting on September 21-22 will continue to remain accommodative in its monetary policy stance, which should be supportive for equities. The Fed may give advance notice on tapering in this week’s meeting, followed by a formal announcement at the following meeting in […]

Atanuu Agarrwal, Co-founder, Upside AI, doesn’t believe in timing the market based on benchmark levels or static filters. He is also not the one to get carried away by “record market highs”. The market in a growing economy will trend up, which means it may probably hit “all-time highs” multiple times in a year, he […]

We are in a roaring bull market and I believe it may continue for the next 2-3 years, but there are some signs which indicate that a short-term correction is around the corner, said Santosh Meena of Swastika Investmart Santosh Meena September 18, 2021 / 02:30 PM IST Indian markets are outperforming its global peers […]

Siddharth Khemka, Head – Retail Research, Motilal Oswal Financial Services feels all the parameters are pointing towards expensive valuations and hence consistent delivery on earnings expectations becomes crucial going ahead. The market rallied more than 120 percent from its March 2020 lows and gained 24 percent in the current year 2021 to scale new highs […]

Rahul Singh, CIO-Equities at Tata Mutual Fund, says the Indian market is trading at a 10-15 percent premium on the price-to-earnings (PER) valuation front compared to the historical range and at 65-70 percent premium to other emerging markets. “While these valuations can be considered fair and justified by the lower bond yields, earnings recovery and pro-growth/pro-reform policies, it […]