Category: Market Outlook

The pharmaceutical sector’s growth is expected to be driven by a weaker rupee pushing up export revenue as well as new product launches in the domestic market and US branded generics, Vikram Kasat, head of the client and partner advisory desk at Prabhudas Lilladher, said in an interview to Moneycontrol. As the second-quarter earnings season […]

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Benchmark indices reversed gear to post a rebound on October 4, buoyed by upbeat quarterly updates by India Inc and heavy buying in the US and Asian markets. Declining dollar and US bond yield also lifted sentiment. The market has been quite volatile in the last one week on global cues but now that the corporate earnings […]

Anil Rego of Right Horizons As electric vehicles (EVs) gain traction, growth momentum is likely to be higher, and there will be multi-bagger opportunities for OEMs and auto ancillaries, believes Anil Rego of Right Horizons PMS. In an interview to Moneycontrol, the the founder and fund manager shares that his Right Horizons PMS is positive […]

On Friday, prices of natural gas were hiked by a steep 40 per cent to record levels, in sync with the strong energy rates globally. The government on Friday hiked the natural gas prices by a steep 40 percent to record levels in sync with the strong energy rates globally. The rate paid for gas […]

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Stock Market News “The demand outlook for the auto sector continues to remain buoyant for H2FY23 led by anticipation of higher festive season sales, strong order book backlog, especially in passenger vehicles,” Manish Jain of Mirae Asset Capital Markets (India) says in an interview with Moneycontrol. The institutional business head (Equity and Fixed Income) at […]

The moderation of FY23 GDP growth numbers from 7.2 to 7 percent by the Reserve Bank of India (RBI) is very realistic, as the global turmoil and higher domestic inflation is bound to weigh negatively on growth, Ajit Banerjee, CIO, Shriram Life Insurance, said in an interview to Moneycontrol. With more than two decades of […]

Vinay Jain of Karma Capital Vinay Jain of Karma Capital says while the global economic outlook is bleak, with recession looming and inflation running high, economic activity in India remains stable. The assistant portfolio manager at Karma Capital with 11 years of experience in capital markets expects telecom, pharma and media sectors to see significant […]

Mowat also mentioned that the US Federal Reserve has been extremely aggressive in tightening its monetary policy. Emerging equity market strategist Adrian Mowat. Market strategist Adrian Mowat said that India’s fundamentals are better than most major economies and it will continue to have very high economic growth. He also believes that Indian market can continue […]

Hemant Kanawala of Kotak Mahindra Life The US Fed has repeatedly shown its commitment to curb inflation and hence is likely to continue with rate hikes in the immediate future. Hence, there is a good probability of US Fed rate going close to 4 percent this calendar this, said Hemant Kanawala, Senior Executive Vice President & […]

Of the three major global bond indices, India has a more than reasonable chance of getting into JP Morgan Global Bond Index in the near-term, as it is already on its watch list, Trideep Bhattacharya of Edelweiss AMC says in an interview to Moneycontrol. He thinks the October governance review of the JP Morgan Index […]

The Nifty IT sectoral index is down over 30 percent this calendar year and it has been a crunching bear market for the large-cap IT companies, but Nilesh Shah, MD and CEO of Envision Capital, believes that time has come for investors to start accumulating quality IT companies. In an interview with CNBC TV-19, Nilesh Shah shared […]

Divam Sharma is the Founder of Green Portfolio Since the lows hit in June, the markets have seen a sustainable recovery and, given the domestic demand and insignificant recession risk for India, there’s no indication of the market breaking the lows, believes Divam Sharma of Green Portfolio. Until markets gain clarity on the terminal Fed […]

Stock Market News The broader expanse of the Indian stock market entered September riding a wave of optimism reminiscent of 2021. The Nifty Smallcap 100 and Nifty Midcap 100 index entered September with gains of 22 percent each since hitting their respective 52-week lows back in middle of June. In the first half of September, […]