Author: India

“Earnings outlook for industrial companies remains buoyant. But, unlike PSU banks, valuations here are more rich. Thus, it’s possible that these companies consolidate in the near term,” Niket Shah of Motilal Oswal AMC says in an interview to Moneycontrol. On the PSU banks, which are coming off from a decade of distress, the Senior Group […]

Jimeet Modi of SAMCO Ventures “We are extremely bullish on the consumption space, because most of the inflation and margin pressures are behind us,” Jimeet Modi, Founder & CEO, Samco Ventures, said in an interview to Moneycontrol. He also finds the technology space attractive, where Modi believes that nearly all the bad news has been […]

Sameer Kaul of TrustPlutus Wealth Sameer Kaul of TrustPlutus Wealth is of the opinion that the market pressure points of 2022 will not be at play in 2023 as they show signs of reversal for the better. But participants would do well to keep an eye on the rate of growth of major economies as […]

Ram Kalyan Medury of Jama Wealth PB Fintech is a good proxy for insurance demand in the country, but that does not necessarily mean that we simply buy and hold the stock forever, Ram Kalyan Medury, Founder-CEO, JamaWealth, said in an interview to Moneycontrol. With 23 years of experience in technology and financial services, Medury […]

“The medium-term outlook for India remains relatively better. The structural shifts in India’s economy have started yielding results,” Arun Malhotra of CapGrow Capital Advisors says in an interview to Moneycontrol. The manufacturing sector, driven by PLI (production-linked incentive) schemes and China + 1 factor, has pushed industrial growth, leading to higher capex and kick-start of […]

On November 24, the Nifty 50 reported a record closing high of 18,484 and now remains 120 points away from its previous record high of 18,604. The Nifty 50 index is likely to cross the 18,950 mark in the month of December, implying a new record high for the benchmark index, according to Gautam Shah […]

Vikas Gupta, CEO & Chief Investment Strategist at OmniScience Capital “India is on a very strong domestic growth path, which is only likely to grow stronger with decreasing global macro uncertainty and the resilient US economy, which has a 50-year-low 3.5 percent unemployment rate and a strong consumer spending outlook for the festive season (Christmas […]

Gautam Duggad Indian stock market beat the estimates for the July-September quarter of FY23 as Corporate India financials played a big catalyst, said Gautam Duggad, head of research and institutional equities at Motilal Oswal Financial Services. “The July-September quarter went slightly better than what we had anticipated and there are a couple of factors which drove it,” he said […]

Divam Sharma is the Founder of Green Portfolio “We are cautiously bullish going into 2023,” Divam Sharma of Green Portfolio says in an interview to Moneycontrol. Rather than the bluechips, he sees more run up in the broader markets (midcaps and smallcaps) in 2023 considering the valuations. The smallcase manager and co-founder of Green Portfolio […]

Basant Maheshwari of Basant Maheshwari Wealth Advisers LLP The valuations of some of the new-age companies have been so out of whack that even after a 50-60-percent correction with relentless cash burn and no sight of profitability, they do not make sense from any investment standpoint, Basant Maheshwari of Basant Maheshwari Wealth Advisers LLP says […]

Mark Matthews of Julius Baer Mark Matthews of Julius Baer looks upbeat when it comes to his outlook for the markets in 2023. With the dollar peaking, and the chances of a US recession not low, global funds would want to allocate more to emerging markets. India should be at the top of their list, […]

While advising new investors, Alok Jain of Weekend Investing says: “If you are not invested, start investing. And if you have a lump sum amount, invest it gradually. These two are the only two things you need to know.” The smallcase manager and founder of Weekend Investing tries to help people achieve financial independence early […]

“PSU banks have the strong advantage of a very strong liability franchise. From the valuation perspective, PSU banks look attractive at this point in time,” Ajit Banerjee of Shriram Life Insurance says in an interview to Moneycontrol. The top-tier private sector banks are trading at 2.5-3 times price-to-book (P/B), whereas most of the PSU banks, […]

The second quarter earnings season for this fiscal has thrown up encouraging trends in the discretionary consumption space across apparels, travel and tourism, jewellery, malls, retail, and private vehicles, accoridng to Sanjay Kumar of PNB MetLife. Management commentaries have been strong on the demand environment and margin trajectory. Earnings performance, inflation trajectory and FII flows would be […]

Taher Badshah of Invesco MF Earnings expectations have not been beaten in the second quarter, Taher Badshah, CIO, Equities, at Invesco Mutual Funds told CNBC-TV18 on November 17. Sharing his thoughts on the market, he said banks can do well if credit growth momentum holds. On earnings season and investor confidence “Earnings expectations have not […]

Sumit Jain of ASK Investment Managers “We are positive on the telecom space in general. We believe that despite the upcoming investments in 5G, the sector is witnessing a strong shift in its free cash flow generation capability that could translate into healthy deleveraging,” Sumit Jain of ASK Investment Managers with over 16 years of […]

Sumit Jain of ASK Investment Managers “We are positive on the telecom space in general. We believe that despite the upcoming investments in 5G, the sector is witnessing a strong shift in its free cash flow generation capability that could translate into healthy deleveraging,” Sumit Jain of ASK Investment Managers with over 16 years of […]