Should you accumulate HDFC Bank at current levels? Dipan Mehta answers

Specific sectors, nothing specific in mind, but banks should do pretty much well for the next two-three weeks or so and we will be entering into earnings season and those are the keys and news flow which you should watch out for because when the company declares the earnings that is when we have the maximum volatility and a lot of trading also happens around those events. So, I think we are in for a quiet week from the news flow point of view, but pretty busy towards the end of next month.

from Economic Times https://ift.tt/VQ6zn0N

China stock investors say worst yet to come in property crisis

That’s the view from nine of 15 respondents in an informal Bloomberg News survey of analysts and money managers based in Hong Kong and mainland China. Six of them listed housing woes as the biggest risk for equities for the final quarter of 2023. Geopolitical tensions emerged as the second-biggest concern.

from Economic Times https://ift.tt/QNxesZG

Daily Voice | Energy transition and power space is an exciting segment to focus on, says this fund manager

As the world grapples with the challenges of climate change, the shift from fossil fuels to renewable energy sources is becoming imperative. This transition presents vast opportunities for innovation, investment, and growth, says Sonam Srivastava of Wright Research, PMS.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-energy-transitionpower-space-isexciting-segment-to-focus-on-says-this-fund-manager_17255861.html

Daily Voice | Energy transition and power space is an exciting segment to focus on, says this fund manager

As the world grapples with the challenges of climate change, the shift from fossil fuels to renewable energy sources is becoming imperative. This transition presents vast opportunities for innovation, investment, and growth, says Sonam Srivastava of Wright Research, PMS.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-energy-transitionpower-space-isexciting-segment-to-focus-on-says-this-fund-manager_17255871.html

Daily Voice | Why Sampath Reddy of Bajaj Allianz suggests shifting to largecaps and flexicaps

Valuations of Indian market have moved up with the recent rally but is still away from late 2021 highs, says Sampath Reddy of Bajaj Allianz Life Insurance.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-why-sampath-reddybajaj-allianz-suggests-shifting-to-largecapsflexicaps_17254411.html

India will be able to issue 1 lakh patents in a year in the next 18 months’ time: Sanjeev Sanyal

Sanyal says that they are in the process of hiring around 500 new patent officers to speed up the process. He also feels process reforms are very important to make the system more efficient.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/india-will-be-able-to-issue-1-lakh-patentsa-yearthe-next-18-months’-time-sanjeev-sanyal_17254031.html

Daily Voice | Unmesh Sharma of HDFC Securities explains why green products and services theme should be on everyone#39;s radar

The underlying macro-variables do not support current elevated valuation levels for the midcap and smallcap segments, says Unmesh Sharma of HDFC Securities.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-unmesh-sharmahdfc-securities-explainsgreen-productsservices-theme-should-beeveryone39s-radar_17253261.html

Daily Voice | Have green products and services theme on the radar; this analyst explains why

The underlying macro-variables do not support current elevated valuation levels for the midcap and smallcap segments, says Unmesh Sharma of HDFC Securities.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-have-green-productsservices-themethe-radar-this-analyst-explains-why_17253271.html

Daily Voice | Risk-reward looks attractive in largecaps over mid, smallcaps, says Rahul Baijal of HDFC AMC

If the prices don’t cool off soon, this could be a partial dampener for overall equity sentiment in the short term, says Rahul Baijal of HDFC AMC.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-risk-reward-looks-attractivelargecaps-over-mid-smallcaps-says-rahul-baijalhdfc-amc_17251481.html

Stocks in news: Tata Steel, Delta Corp, Strides Pharma, Century Textiles, Welspun Corp

Ashish Kacholia has sold stake in Delta Corp Ltd through bulk deals on Monday. The ace investor has offloaded about 15 lakh shares 0.56% in the company at Rs 144.65 apiece, according to exchange data.

from Economic Times https://ift.tt/FD5pMqY

Daily Voice | These 2 sectors can still give tremendous opportunities, says this fund manager

Anil Rego of Right Horizons believes a price range of $90-100 per barrel of crude oil is already priced in the estimates of inflation projection and GDP growth.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-these-2-sectors-can-still-give-tremendous-opportunities-says-this-fund-manager_17250051.html

Daily Voice | This portfolio manager is more bullish on ERD space within technology compared to traditional businesses

Markets are positively positioned with strong macro growth and corporate earnings growth, plus valuations, though above average, are not overstretched, says Alok Agarwal of Alchemy Capital.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-this-portfolio-manager-is-more-bullisherd-space-within-technology-compared-to-traditional-businesses_17248621.html

Daily Voice | PSU banks challenging dominance of private sector, says Alok Jain of Weekend Investing

The renewed interest in these banks is also the outcome of the government#39;s push towards privatisation and operational efficiency. The elevated prices are a precursor to their anticipated future earnings, says Jain

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-psu-banks-challenging-dominanceprivate-sector-says-alok-jainweekend-investing_17247921.html

Daily Voice | Inclusion of Indian bonds in JPMorgan index to help balance of payments issue, says Ambit#39;s Sushant Bhansali

Sushant Bhansali of Ambit Asset Management feels directionally the September quarter earnings season will be similar to Q1FY24.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-inclusionindian-bondsjpmorgan-index-to-help-balancepayments-issue-says-ambit39s-sushant-bhansali_17247661.html

A revised playbook for traders and investors -- both short and long term

The near term looks a bit clouded due to narrowing yield spreads, FII selling and relatively high valuations. Here’s how investors can deal with the inevitable short-term volatility

from Moneycontrol Market Outlook https://ift.tt/5dcYrFx

When rising US yields keep us guessing, what should investors do?

The near term looks a bit clouded due to narrowing yield spreads, FII selling and relatively high valuations. Here’s how investors can deal with the inevitable short-term volatility

from Moneycontrol Market Outlook https://ift.tt/3zRoSpr

Daily Voice | This fund manager expects Fed’s hawkish tone to lead market consolidation in near term

Investors feel apprehensive and cautious due to the Fed#39;s hawkish tone, emphasising a potentially tighter monetary policy, says Naysar Shah of Credent AIM Multi-Cap Strategy.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-this-fund-manager-expects-fed’s-hawkish-tone-to-lead-market-consolidationnear-term_17246431.html

Caution advised in Smallcap and Midcap Sectors midst market exuberance: Interview Axis Securities CIO

The mid and small-cap stocks#39; remarkable surge has ignited discussions among investors and experts, pondering the longevity of this bullish trend

from Moneycontrol Market Outlook https://ift.tt/7982drt

Daily Voice | RBI expected to hold rates steady in October, risk grows as Brent surpasses $90, says this portfolio manager

Nishit Master of Axis Securities PMS continues to like the defence space and believe it#39;s possibly a structural growth story in India.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-rbi-expected-to-hold-rates-steadyoctober-risk-grows-as-brent-surpasses-3690-says-this-portfolio-manager_17245131.html

Stocks in news: SJVN, Cipla, Infosys, Zydus, Apollo Tyres

Cipla's subsidiary InvaGen's manufacturing plant has received five inspectional observations in Form 483 from USFDA.

from Economic Times https://ift.tt/xhRFGQZ

Look for pockets where earnings are depressed to find value buys: Sage One’s Samit Vartak

The most dangerous thing is when you enter at a high PE multiple and high margins, there is a double whammy possible —earnings and PE multiples may contract at the same time.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/look-for-pocketsearningsdepressed-to-find-value-buys-sage-one’s-samit-vartak_17244561.html

Amit Jeswani #39;overweight#39; on consumer tech, to stay invested till stocks perform

Jeswani is bullish on consumer tech stocks and is betting on their non-linear growth potential.

from Moneycontrol Market Outlook https://ift.tt/i7MLV0j

Upbeat on businesses in South India, women-centric brands: Marcellus#39; Rakshit Ranjan

Talking about stocks, the investor said Nykaa is part of their coverage along with Trent - the Westside and Zudio retailer, which is a #39;big player#39; on women apparel

from Moneycontrol Market Outlook https://ift.tt/TZhvi92

Asian stocks struggle as oil surge sets stage for hawkish Fed

Futures pricing implies almost no chance of a Fed hike at 1800 GMT, but traders, who have begun winding back bets on cuts in 2024 and will be closely focused on the U.S. central bank's economic projections and chair Jerome Powell's news conference.

from Economic Times https://ift.tt/RKbQ2eq

Daily Voice | This strategist finds PSU banks significantly undervalued compared to their private peers

With the new capex cycle, the expected growth of the banking sector is likely to be in double-digit, probably faster than the nominal GDP growth, says Vikas Gupta of OmniScience Capital.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-this-strategist-finds-psu-banks-significantly-undervalued-compared-to-their-private-peers_17243241.html

Daily Voice | These 5 sectors will report strong earnings in Q2 FY24, says Nishit Master

Nishit Master, a veteran portfolio manager at Axis Securities PMS, continues to like the defence space and believes it#39;s possibly a structural growth story in India.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-these-5-sectors-will-report-strong-earningsq2-fy24-says-nishit-master_17241681.html

Daily Voice | These 5 sectors will report strong earnings in Q2 FY24, says Nishit Master

Nishit Master, a veteran portfolio manager at Axis Securities PMS, continues to like the defence space and believes it#39;s possibly a structural growth story in India.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-these-5-sectors-will-report-strong-earningsq2-fy24-says-nishit-master_17241691.html

Daily Voice | This PMS head is bullish on PSUs mainly in defence, metals mining segments

PSUs have been one of the most important contributors for alpha generation for money managers in the recent past, says Nitin Agrawal of Torus Oro PMS.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-this-pms-head-is-bullishpsus-mainlydefence-metalsmining-segments_17241121.html

Nifty@20k: Experts on the #39;unpredictable, euphoric and record-breaking week#39;

As markets get into unchartered territory, here is a wrap on what experts believe is the way forward.

from Moneycontrol Market Outlook https://ift.tt/CfksEw1

Nifty @20k: Market experts on the #39;unpredictable, euphoric and record-breaking week#39;

As markets get into unchartered territory, here is a wrap on what experts believe is the way forward.

from Moneycontrol Market Outlook https://ift.tt/VkUPW4r

Daily Voice | This analyst feels railway stocks#39; momentum can take a breather; pegs good outlook for defence

The outlook for defence sector remains good given the evolving geopolitical situation, says Dhananjay Sinha of Systematix Group.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-this-analyst-feels-railway-stocks39-momentum-can-takebreather-pegs-good-outlook-for-defence_17239581.html

Daily Voice: Market not in bubble zone but caution is warranted, says this investment officer

Nimesh Chandan of Bajaj AMC is positive on the economic and the earnings growth of India Inc

from Moneycontrol Market Outlook https://ift.tt/sKrld36

Some smallcap stocks may fall 50-70%; power, defence scrips overstretched: Prashant Khemka

The small and midcap stocks have risen unidirectionally over the last 5 months, added Khemka.

from Moneycontrol Market Outlook https://ift.tt/Cg1nxPW

Daily Voice | This fund manager sees these 3 segments as proxy to play longer term theme on financialisation of savings

Rupesh Patel of Nippon India Mutual Fund is positive on both lenders and non-lenders. He believes India is at an early stage of next credit cycle.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-this-fund-manager-sees3-segments-as-proxy-to-play-longer-term-themefinancialisationsavings_17237041.html

Daily Voice | Small, microcap valuations look overly heated compared to growth potential, says this market veteran

Amit Jain of Ashika Global Family Office Services continues to be bullish in banks, especially in PSU banks and some small private banks.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-small-microcap-valuations-look-overly-heated-compared-to-growth-potential-says-this-market-veteran_17235801.html

Daily Voice | Hemant Kanawala of Kotak Mahindra Life sees significant opportunities in consumer electronics

If there is better visibility of growth in US, then IT spending by companies should pick up, which should augur well for IT sector, says Hemant Kanawala.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-hemant-kanawalakotak-mahindra-life-sees-significant-opportunitiesconsumer-electronics_17234421.html

Daily Voice | Hemant Kanawala of Kotak Mahindra Life sees significant opportunities in consumer electronics

If there is better visibility of growth in US, then IT spending by companies should pick up, which should augur well for IT sector, says Hemant Kanawala.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-hemant-kanawalakotak-mahindra-life-sees-significant-opportunitiesconsumer-electronics_17234431.html

Daily Voice | This smallcase manager is bullish on 4 tech firms, says they#39;re decadal stories

The ongoing rally in the financial system seems to be running smoothly without any major hiccups, and valuations appear reasonable, says Mayank Mehraa of Craving Alpha.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-this-smallcase-manager-is-bullish4-tech-firms-says-they39re-decadal-stories_17233911.html

Daily Voice | This wealth manager sees lagecap valuations slightly expensive but not in bubble zone

PE expansion in largecap is yet to happen and a lot of money is sitting idle and waiting for a good opportunity to enter, says Akhil Bhardwaj of Alpha Capital.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-this-wealth-manager-sees-lagecap-valuations-slightly-expensivenotbubble-zone_17233691.html

Daily Voice | Digitisation must be in portfolio from a multi-year perspective, says this fund manager

India has one of the most advanced payment systems and one of the best regulators globally, which could make this space exciting for a very long term, says Santosh Kumar Singh of Motilal Oswal AMC.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-digitisation-must-beportfolio-frommulti-year-perspective-says-this-fund-manager_17232621.html

Daily Voice | According to this fund manager, electronics manufacturing space is a sunrise sector

Short-term volatility may persist due to election results, but ultimately, Ambit Asset expects the markets to move beyond that and remain fundamentally driven says Manish Jain.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-according-to-this-fund-manager-electronics-manufacturing-space-issunrise-sector_17231311.html

Dollar shines as US economy outperforms, yen plumbs 10-month low

Against a basket of currencies, the dollar was last 0.05% higher at 104.91, holding on to some of its gains from the previous session after scaling a six-month peak on news that the U.S. services sector unexpectedly gained steam in August.

from Economic Times https://ift.tt/cTqSvxb

Jio Financial exits Nifty tomorrow: Will there be a ripple effect?

The decision to exclude the stock was taken as Jio Financial did not hit the price band in the last two trading sessions. The news of exclusion from NSE indices comes nearly a week after the stock was excluded from Sensex and other BSE indices.

from Economic Times https://ift.tt/VBAm9CP

Daily Voice | This investment veteran finds private sector balance sheet in most exciting phase now

Much better strategy to ensure a better return is to have a great mix, says Santosh Joseph of Refolio Investments.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-this-investment-veteran-finds-private-sector-balance-sheetmost-exciting-phase-now_17230141.html

Paytm founder Vijay Shekhar Sharma looking to raise stake

"There is never a day that I would not buy more equity in Paytm," Sharma told Bloomberg News in an interview on Monday. "The single largest shareholder of Paytm is now an Indian, that is myself, and I believe this is definitely a key milestone."

from Economic Times https://ift.tt/809DKLr

Daily Voice | Sanjay Chawla of Baroda BNP Paribas MF remains bullish on auto ancillary sector

Off late, Sanjay Chawla of Baroda BNP Paribas Mutual Fund has seen some green shoots in IT sector. This is a combination of some early signs of demand revival and valuations comfort.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-sanjay-chawlabaroda-bnp-paribas-mf-remains-bullishautoancillary-sector_17228701.html

Moneycontrol Pro Market Outlook | September starts on a positive note

Record auto sales numbers, buoyant GST collection, high electricity consumption, strong rail freight, coal production and very good Manufacturing PMI numbers have added to optimism

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/moneycontrol-pro-market-outlook-|-september-starts-onpositive-note_17227571.html

Daily Voice | Populist fiscal moves in run-up to 2024 elections will be seen as negative by market, says Rahul Singh

The consolidation is healthy as markets take stock of the emerging dynamics in the interest rate cycle, which seems to be one of a long hawkish pause, Tata Asset Management#39;s CIO-Equities says

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-populist-fiscal-movesrun-up-to-2024-elections-will-be-seen-as-negative-by-market-says-rahul-singh_17227011.html

Daily Voice | Populist fiscal moves in run-up to 2024 elections will be seen as negative by market, says Rahul Singh

The consolidation is healthy as markets take stock of the emerging dynamics in the interest rate cycle, which seems to be one of a long hawkish pause, Tata Asset Management#39;s CIO-Equities says

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-populist-fiscal-movesrun-up-to-2024-elections-will-be-seen-as-negative-by-market-says-rahul-singh_17227021.html

Daily Voice | Populist fiscal moves in run-up to 2024 elections will be seen as negative by market, says Rahul Singh

The consolidation is healthy as markets take stock of the emerging dynamics in the interest rate cycle, which seems to be one of a long hawkish pause, Tata Asset Management#39;s CIO-Equities says

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-populist-fiscal-movesrun-up-to-2024-elections-will-be-seen-as-negative-by-market-says-rahul-singh_17226981.html

Daily Voice | This investment adviser expects India to remain top investor pick among emerging markets

Factors like political stability, favourable demographics and regulatory initiatives are making India a compelling story, says Sonam Srivastava of Wright Research

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-this-investment-adviser-expects-india-to-remain-top-investor-pick-among-emerging-markets_17226431.html

Daily Voice | This investment strategist thinks valuations in most consumer-oriented sectors are overextended

Indian consumer companies may become attractive when their valuations offer a significant discount to intrinsic value, says Vikas V Gupta of OmniScience Capital.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-this-investment-strategist-thinks-valuationsmost-consumer-oriented-sectorsoverextended_17226251.html