Anirudh Garg of Invasset PMS foresees earnings risk in the forthcoming financial year in IT (information technology) and oil gas.
For the next year or two, growth prospects are currently limited for both the FMCG and chemicals sectors, says Rohan Mehta of Turtle Wealth.
The FMCG sector and IT sector seem to be priced at a premium compared to their long term averages, says Ajit Banerjee.
The valuation differential between large caps and the mid and small caps, currently is in positive favour of the smaller companies, says Anil Ghelani of DSP MF.
Technology is one sector where there is huge growth potential ahead given the under explored world of AI and the necessity that it has become in today’s day and age, says Umeshkumar Mehta.
Sanjay Bembalkar of Union AMC believes the time of innovation theme has arrived and is here to stay for a long period.
Indian financial space particularly Indian lenders are in a strong shape whether it is asset quality, capital adequacy, or return on assets.
The capex cycle is still not full blown and it has a lot of more legs to it. There is not yet a full blown recovery in the private capex space, says Rohit Agarwal of Kotak Mahindra Life.
Anil Rego of Right Horizons sees relative undervaluation in small-caps and select demand pockets that continue to be healthy as the multi-decadal growth outlook structure remains intact.
Historically, the equity markets turn volatile in a range before the rate hike cycle ends. So one can expect the markets to be in a range and volatile in the near term.
Even if inflation stays elevated, it is prudent to stay invested in an asset class rather than holding cash and risking an inflation-impacted purchasing power, Amar Ambani of Yes Securities advised.
The country#39;s gross domestic savings are expected to grow to $103 trillion over the next 25 years The country#39;s gross domestic savings are expected to grow to $103 trillion over the next 25 years
Valuations for Nifty at 18.5x one year forward are reasonable in the context of long period averages, says Gautam Duggad.
"I believe the credit growth in the economy will continue to be in the mid-teens and this should drive the capex from a structural perspective."
Fed’s minutes reiterated the cautious and hawkish narrative despite noting some divergent views among members.
Amit Jain of Ashika Global Family Office Services believes there is good opportunity to invest in banking sector stocks at current levels.
Macro outlook for India is strong as India is one of the few countries that is projected to have 6 percent GDP growth said Pratik Gupta.
The RBI#39;s policy stance will likely be influenced by whether the rise in agricultural prices spills over into core inflation. This could take some time, as it would require both the kharif and rabi crops to perform well, he said
The lagged impact of a sharp interest rate increase cycle could result in negative growth surprises for the global economy going forward.
US Fed actions have been largely on expected lines so far but persistent high wage data and job growth in the US could push the investors in pandemonium.
Midcaps are, of course, attractively placed. But, there are significant opportunities in large caps as well, says Vikas Gupta
India, with its relatively superior economic and corporate earnings growth, remains an attractive destination for global flows, says Unmesh Kulkarni of Julius Baer India.
Despite commanding a valuation premium when compared to international indices, the Indian equity market has been trending higher in 2023 and is projected to outperform global peers in FY24.
Nikhil Vikamsey of Alpha Capital believes FY24 - FY25 should deliver as expected as there won#39;t be any large uncertain events to unfold.
Financial savings a big positive, and with right credentials, India can grow at 8 percent annually, asserts the renowned economist
Siddhartha Khemka shared his perspective on the factors driving the bull run, potential threats to the current market rally, sectors with an optimistic outlook, and also shared short-term investment recommendations
The pharmaceutical industry has a greater operating leverage than the IT services industry, says Abhishek Banerjee of Lotusdew.
Given the focus on profitability, one can accumulate new age stocks with an investment horizon of more than 12-18 months, Neeraj Chadawar of Axis Securities advised.
Siddharth Oberoi#39;s Prudent Equity follows a checklist approach, using strict parameters to gauge performance of companies and sectors before investing. The fund has delivered a 41% return in seven months of operation Siddharth Oberoi#39;s Prudent Equity follows a checklist approach, using strict parameters to gauge performance of companies and sectors before investing. The fund has delivered a 41% return in seven months of operation
Markets look pretty reasonably placed right now. There is no excess froth and neither is there excess skepticism right now, says Santosh Joseph of Refolio Investments.
Kotak Mahindra AMC remains positive on the financial services space with preference for private banks and a select few large PSU banks, says Shibani Kurian, Equity Research Head at Kotak Mahindra AMC. Institutional ownership in pharma space is at a decade low, says Anirudh Garg of Invasset PMS.
According to Kranthi Bathini, Director of Equity Strategy at WealthMills Securities, investors would do well to stay away from shipping and logistics company stocks for now, and exercise caution while investing in chemical industry stocks.
In an exclusive interview with Moneycontrol, global investment guru Mark Mobius gives us his take on Indian stocks and sectors
If one has to consider the 5 years horizon, the rally still has a long way to go in midcaps, says Sheetal Malpani of Tamohara. A stable bull market environment, growing economy, optimistic investor sentiments, and strong fundamentals of corporates is an ideal time for companies to go public, says Anil Rego of Right Horizons.
Someone looking for the longer term should ideally take advantage of correction rather than getting worried says Devang Mehta of Spark Private Wealth.
Shah believes the company will have advantage due to its diverse businesses. He, however, cautioned short-term investors and said that the business is not suited to their investment needs
The ace investor added that the residential property market and home improvement sector are witnessing a boom and strong demand for home loans as further reasons for investment in the sector
Indian equity markets are benefiting from stable earnings growth, positive flows from both domestic investors and FIIs.
