Category: Market Outlook

Globally, experts largely expect 75 basis point hike in interest rates by the US Fed. But “more than the quantum of rate hike, one should perhaps start looking at the peak of the hiking cycle,” Ajay Garg, managing director of Equirus, said in an interview to Moneycontrol. Also with mid-term polls later this year, the […]

Representative Image In the next couple of days, the market participants world over will be focused on the FOMC statement on US Fed rates, inflation & growth outlook and guidance for the monetary policy direction in the near term (next 3-6 months). The “active” market participants in India, in particular, would be staying awake till […]

The equity market is in the process of pricing in a host of major challenges like the end of the low-interest-rate era, lack of monetary policy support, sustained geo-political tensions, and soaring global inflation. But these can’t be priced in seamlessly within 3-6 months in a dynamic environment and therefore markets may continue to remain volatile […]

“I don’t think so,” is Howard Marks, co-founder of US distressed assets manager Oaktree Capital Management, answer to the investors’ question if they should tweak their portfolio as recession fears mount. Marks advises investors not to pay attention to short-term phenomena like recession and stick with their investments. In a July 26 memo to his […]

“We continue to invest in four broad themes: Digitisation, financialisation, specialised outsourcing, and consumption,” Siddharth Mehta, founder and investment chief at Bay Capital, said in an interview to Moneycontrol. He added that Bay Capital continues to be excited by the long-term structural opportunity in India, notwithstanding the near-term challenges. The investment firm does think that the […]

Module 1, chapter 1: Returns from your investments must be at least a step ahead of inflation. Otherwise, you will lose money. And equities remain one of the best ways to beat inflation. In this chapter, we will see how equity investments can help you beat inflation and earn great profits. In the world of finance, […]

Module 1, chapter 2: Trading and investing are two common routes of entering the stock market. When talking about making money in the stock markets, trading and investing are the two terms that come to the mind of every beginner. Most people use these terms interchangeably or without realising the differences between them. Trading and investing […]

“Aanyone investing in the equity markets should not be swayed by short-term gains or losses. The long-term market returns should make up for the fact that the market has had a poor run in 2022 till now,” Puneet Sharma, President of The Fund and CEO of Whitespace Alpha, says in an interview with Moneycontrol. He believes […]

“It will be early to assume that the full impact of headwinds (that confront the global and Indian economy currently) are priced in,” says Dhananjay Sinha, Managing Director and Head Strategist and Economist – Equity Research at JM Financial Institutional Securities. Gauging the markets using this monitor, JM Financial sees that 30-35 percent of the […]

Siddharthaa Bhaiya, Managing Director and Fund Manager of Aequitas, said their investment philosophy is guided by a multibagger approach that identifies long-term potential through extensive in-house research. They invest in Indian listed equities in small and mid cap space and identify companies that are leaders by way of margin or sales in their respective sectors. Siddharthaa Bhaiya […]

Vivek Sharma of Gulaq Inflation has definitely not peaked out. We might remain in a high inflation regime for much longer, feels Vivek Sharma, Director (Strategy) and Head of Investments at Gulaq, a part of Estee Advisors. Sharma said the point of concern is the possibility of a hard landing of US economy because of the rising interest […]

Naveen Kulkarni of Axis Securities The sense on the Street is that India’s banking shares could be a big mover over the next 12 months, as all the positives start getting priced in. In conversation with Moneycontrol, Naveen Kulkarni, Chief Investment Officer at Axis Securities also believes that the picture for Indian IT sector ‘remains […]

“In the most recent bout of correction we are finally seeing even long-term investors cutting their allocation to mid and small caps and moving to large caps. Right now the large cap space is more attractively priced and we expect this migration (from midcap and smallcaps) to continue if the markets stay volatile,” Abhay Agarwal, […]

The markets are yet to find their trough, and real interest rates in the US (down 700bps from pre-pandemic levels) are likely to outgrow the hike in India (down only 300bps from pre-pandemic levels). This is likely to accelerate capital outflows and form a vicious cycle impacting the currency, inflation, real yields and causing further capital […]

“There is a possibility of some earnings downgrades in select sectors due to rising raw material prices, demand compression due to rising interest rates, and weakness in some export-oriented sectors due to lingering fears of a US recession,” Harshad Patil, chief investment officer at Tata AIA Life Insurance, said in an interview to Moneycontrol. Patil […]

Shyamsunder Bhat is the CIO of Exide Life Insurance The Indian equity market has gone into a tailspin in the last few sessions amid mounting inflationary pressure and intensifying fears of recession in the US economy. But the Indian economy looks seated to witness an increasing weightage in emerging market portfolios over the next few years, since […]

Arun Malhotra, who co-founded CapGrow Capital Advisors and serving as the portfolio manager, believes the current risk factors will continue till October-November. The next year will see some stability and towards the end of 2023, the equity markets will show some up swing. “There is also massive shorts created in the interim that could also fuel […]

Anil Rego of Right Horizons Whenever the Nifty price-to-earnings (P/E) ratio has gone below 20, it yielded higher returns in the following three years. The probability is higher this time around, thanks to sound policies nurturing economic growth, according to Anil Rego, Founder and Fund Manager at Right Horizons PMS. After major correction, he believes, quality […]