Author: India

Amit Jain, chief strategist of Ashika Group and cofounder of Ashika Wealth Advisory, says the stock markets look overheated on ratios such as market capitalisation-to-GDP and price-to-book, although such factors may take a backseat in liquidity-driven markets. Ashika Wealth had been cautious on banks since January 2020, but it is now bullish on the sector […]

Pankaj Pandey, Head – Research at ICICIdirect feels India is on course to reporting better than the projected 9.5 percent growth (by IMF and RBI) in FY22. However, he believes recovery pace will also be determined by impact of the third wave if any. Pandey expects more earnings upgrade in Q2FY22. “We stem confidence from […]

Gaurav Dua, Head – Capital Market strategy & Investments, Sharekhan by BNP Paribas said the data of five occasions in the past two decades indicated that midcaps/smallcaps tend to see a sharp correction post an all-out rally of 12-18 months. “Midcaps/smallcaps have strongly outperformed largecaps in the past 14/15 months. Thus, in the near term, […]

Mohit Nigam, Head – PMS at Hem Securities advises investors to remain invested in the bull market, albeit with occasional profit bookings. “We believe identifying quality stocks (management track record, industry and company growth rate, capex plans, level of debt etc.) and sticking with them for the long term is the key to success in the […]

Shibani Kurian, Head – equity research at Kotak Mahindra Asset Management Company advises new-age investors to be disciplined while investing in the markets, do a full research on the assets they are getting into and have patience. She has close to 17 years of experience in the Indian equity market, of which more than nine years […]

Sumeet Bagadia, Executive Director, Choice Broking advised investors to turn cautious at the prevailing premium valuation and invest in fundamentally strong companies only, which are available at reasonable valuations. Bagadia has over 15 years of experience in the Indian capital markets. He expects cyclical stocks to outperform in next one year given the economic recovery. […]

Amar Ambani, Head – Institutional Equities, YES Securities envisions the Sensex hitting 1,25,000 by December of 2025 as he believes the outlook for the next 4 years is extremely positive. Amar Ambani is a market veteran of over 15 years. He is responsible for driving all aspects of the institutional broking business in Yes Securities. […]

“As volatile as the stock market” is a popular expression in the English language. Historically, stock markets have been the most volatile among financial markets but since April 2020, except for some mild volatility in January 2021, markets globally have been surprisingly stable. What explains this stability? How long will it last? Is a major […]

Deepak Jasani, Head of Retail Research at HDFC Securities says the auto sector should be avoided over the next 1-2 quarters due to supply shortages, the unknown fear of electric vehicle (EVs), high fuel costs among other reasons He feels PSU sector is on the verge of a breakout, and the realty sector still seems to […]

Bajaj Allianz Life Insurance CIO Sampath Reddy believes that the ongoing market rally has more steam left despite high valuations as the withdrawal of market-boosting liquidity would be gradual. In an interview with Moneycontrol’s Sunil Shankar, he said that while the market has rallied substantially in the past year, corporate earnings, which have been robust […]

Santosh Joseph, Founder and Managing Partner at Germinate Investor Services LLP thinks it’s better to be cautious since the market is at record levels. Some moderate level exposure and then staggering over time is probably a better option to play this market than being on the extremes of fully in or fully out of this […]

Amit Premchandani, Senior Vice President & Fund Manager – Equity at UTI Mutual Fund feels valuations are expensive with respect to history, but they have to be looked at in consonance with the earning trajectory and global interest rates environment. “Market have been surprised by earning resilience in FY21 as despite sharp GDP decline earning […]

Considering the strong rally, Rahul Sharma, Co-founder at Equity99, is advising positional traders to book some profits or else keep a strict stop loss in their positions. The Nifty can hit 20,000 by FY22-end. We believe that the automobiles and banking sector stocks will help Nifty reach the benchmark number of 20,000, he said in an interview […]

The sentiment in domestic market was upbeat throughout the week as domestic economic data releases were in favour of bulls Vinod Nair September 04, 2021 / 12:35 PM IST Indian market was consolidating during the month of August due to rising global volatility which was pondering on high valuations, inflation, and delta to have an […]

Naveen Kulkarni, Chief Investment Officer, Axis Securities feels the market will continue its upward journey but it’s likely to be a little more measured. Especially even after stellar run in equities, he said, exposure to equities should not be reduced but focus should be on quality themes. Rebalancing portfolio with sectors that bring down the risk […]

Hemang Jani, Head Equity Strategy, Broking and Distribution, Motilal Oswal Financial Services advises investors to review their portfolio from time to time and churn it from overheated stocks to more comfortable names. “The long term view continues to remain positive, though it could be very volatile, given the risk of 3rd wave of pandemic, commodity-linked inflation, high […]

Here’s what Shrikant Chouhan of Kotak Securities recommends investors should do with these stocks when the market resumes trading today ‘); $ (‘#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(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; $ .get( “//www.moneycontrol.com/mccode/common/rhsdata.html”, […]

Sachin Shah, Fund Manager at Emkay Investment Managers says that increased economic activity, higher tax collections and exports have helped the market sustain the elevated levels. Despite the sharp run-up, Shah expects the market to deliver double-digit returns from current levels by the end of FY22. Here are the edited excerpts from his interview with Moneycontrol’s Sunil […]

Amit B Ganatra, Senior Fund Manager, HDFC Asset Management Company Limited, sees good opportunities in domestic cyclical sectors like financials and industrials along with defensive sectors like utilities. Ganatra has over 17 years of experience in equity research, including fund management. Before joining HDFC Asset Management Company Ltd, he worked with Invesco AMC and DBS Cholamandalam […]

Here’s what Ruchit Jain of Angel Broking recommends investors should do with these stocks when the market resumes trading today ‘); $ (‘#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(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else if(resData[stkKey][‘percentchange’] 0) { var resStr=”; var url = ‘//www.moneycontrol.com/mccode/common/saveWatchlist.php’; $ .get( “//www.moneycontrol.com/mccode/common/rhsdata.html”, […]