Category: Market Outlook

Anand Varadarajan of Asit C Mehta Financial Services Asit C Mehta Financial Services surely expects the market to be moving sideways, director Anand Varadarajan says in an interview to Moneycontrol. “With rate hikes pretty certain in the US markets, we can expect the same to happen in India as suggested before.” The financial services professional […]

Hemang Kapasi is the Head of Equities at Sanctum Wealth India is making all the right noises on the policy front, a piece that was missing for quite a long time. Having proven its mettle in services sector over the years, India is making significant shift with policy reforms to boost its manufacturing sector, Hemang […]

“There is no question of a pause in rate hikes by Reserve Bank of India as global yields have repriced significantly upwards,” Sandeep Bagla of TRUST MF says in an interview to Moneycontrol. Any lapses in rate hikes will be punished by a weaker currency, FPI outflows, and higher bond yields, Bagla believes. With more […]

Amit Jain is the Co-founder of Ashika Global Family Office Services A technical sharp correction cannot be ruled out by October 2022; however, each correction may be a buying opportunity at least for Indian investors, says Amit Jain of Ashika Global Family Office Services in an interview with Moneycontrol. He believes India is a sweet […]

BNP Paribas Securities India has warned that returns from equity investments in India could dwindle over the next 12 months due to the confluence of tightening global monetary policy and lofty valuations. At a media roundtable hosted by the brokerage unit of the global financial services giant in Mumbai on September 22, BNP Paribas said […]

Growth slowdown is a concern going ahead and hence starting 2023, Fed interest rate hikes may see a pause, Chandraprakash Padiyar of Tata Asset Management says in an interview to Moneycontrol. But, “as of now now trend on inflation does point towards further tightening,” he says. Federal Reserve raised interest rates by 75 bps to […]

The rate hike cycle might extend into 2023 as well, given the sticky and elevated level of US inflation, says Harshad Patil of Tata AIA Life Insurance says in an interview to Moneycontrol. In his recent Jackson Hole speech, the US Fed Chair Jerome Powell reiterated the inflation focus of the US Federal reserve and […]

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Indian markets are trading at a premium on near-term earnings compared to their long-term averages. Therefore, more so than ever, it is time to be extremely disciplined about stock and sector selection, rather than being tactical amid the volatility, Roshi Jain of HDFC Asset Management Company says in an interview to Moneycontrol. The senior fund […]

Niraj Kumar is the Chief Investment Officer at Future Generali Life Insurance India While the US Fed’s hawkishness and recent August Inflation print at 8.3 percent have led to a lot of clamour in markets around aggressive rate hikes in the ensuing policy meetings, Niraj Kumar of Future Generali India Life Insurance Company believes it’s […]

Vikas Gupta, CEO & Chief Investment Strategist at OmniScience Capital There is value in sectors like defence, railway infrastructure, digital banking, fintech, power, and digital transformation (IT), Dr Vikas V Gupta, founder of OmniScience Capital, told Moneycontrol in an interview. He believes these are all exposed to long-term, secular, robust growth vectors which are likely […]

Sonam Srivastava is the Founder of Wright Research The market might see short-term volatility, given that the global markets have been in turmoil since the US inflation numbers came out, but in the long term, still India to remain attractive, backed by solid growth momentum and reasonable valuation, Sonam Srivastava of Wright Research told Moneycontrol […]

As the benefit of the recent moderation in commodity costs starts to accrue in 2HFY23E, sectors like Industrials, autos, and building materials may contribute too. Hence, Alchemy Capital Management senses that the bulk of earnings downgrades have already been done, says Alok Agarwal, who sees scope for some earnings upgrades in the second half of […]

Unmesh Kulkarni, Managing Director-Senior Advisor, Julius Baer India. If Indian bonds could make their way into the JPMorgan global bond index, they could, to some extent, ease the impact of the strong US Dollar on Emerging Market currencies, including the rupee, especially with a hawkish Federal Reserve seemingly set for a more aggressive rate hike, […]

Raghvendra Nath is the Managing Director of Ladderup Wealth Management The September meeting of the Reserve Bank’s Monetary Policy Committee is likely to deliver a 45-50 basis points hike in repo rate as inflation has swung back to 7 percent in August, compared to 6.71 percent a month back, believes Raghvendra Nath, the managing director of Ladderup Wealth Management. […]

Anitha Rangan of Equirus Anitha Rangan of Equirus thinks the RBI will likely pause after September, citing lower-than-expected GDP growth in Q1FY23, expectations of inflation coming closer to 6 percent by December, and more certainty in global policy actions going forward. On the oil prices, the economist, backed by her 16 years of experience predominantly […]

Unmesh Sharma is the Head of Institutional Equities at HDFC Securities. HDFC Securities believes IT continues to be a structural growth story in the long run, led by increasing cloud adoption, digitalisation and cyber security, but in the short term, the space is expected to remain under pressure amid fears of a slowdown in developed […]

Karan Doshi of LIC Mutual Fund Asset Management believes that market may continue to remain volatile in short term due to uncertainties related to inflation, rising interest rates and geopolitical events. In the medium to long run, the confluence of demographics, productivity and globalization may structurally support higher growth rate. So LIC MF continues to […]

Ram Kalyan Medury of Jama Wealth “The markets have indeed turned around and are once again testing previous highs. However, we believe that there can be intermittent slides based on global macro scenarios,” Ram Kalyan Medury of Jama Wealth told Moneycontrol in an interview. With 23 years of experience in technology and financial services, the Founder-CEO of […]