The Q4 quarter will again be a weak one for IT companies in the absence of a clear roadmap towards demand growth, however, the market this has already priced it in, says Lohchab
Sectors related to government capital expenditure will continue to do well in FY25. Companies involved in infrastructure work, defence production, electronics manufacturing will report strong earnings growth in FY25, says Shailendra Kumar.
Bora sees large-caps outperforming their smaller counterparts in FY25, as he expects information technology, retail/QSRs, chemicals, and private banks to post a turnaround.
Puneet Sharma of Whitespace Alpha believes consumption is one of the strongest drivers of GDP and with the per capita income in India rising consumption will keep increasing.
In a conversation with Moneycontrol, Mehta spoke about where he sees momentum stocks in the current market and where he finds pockets of opportunity in the small- and mid-cap space
Santosh Joseph believes, for the economy to perform well, consumption and even domestic imports must increase. Although global demand is rising slightly, domestic demand remains low. It is time for the consumption sector to turn around.
Equirus Wealth managing director and CEO Abhijit Bhave expects the flow of IPOs to improve in FY25 compared to FY24, both in terms of the number of IPOs and total fund size
A pullback in the near term is expected, but it would be a counter-trend rally. Once the pullback is complete, the Nifty index should drift lower to the 20-week average
If government policies continue the way they have been, then all bets are on the table for PSUs to catch up with private peers, says the Avendus Wealth Management managing director and chief investment officer
Both DII and FII flows are expected to increase significantly, with the potential for FII flows to be substantial, similar to historical flows to China, says Vikas V Gupta of Omniscience Capital.
General elections are mostly discounted in the stock prices. A negative surprise may cause a sharp reaction, says Nimesh Chandan of Bajaj Finserv AMC.
2024 is the election year in which about half of the global population will be voting across Russia, India, Indonesia, Iran, the EU, the UK, the US, etc, says Neeraj Gaurh.
Largecaps can rise by up to 10 percent or fall by a similar margin, while mid and smallcaps can see fluctuations of 20 percent, indicating higher volatility and risk, says Anirudh Garg of Invasse
With a thrust on renewals, gas distribution companies have a huge role to play to make it available to households, says Nitin Agrawal who is bullish on this segment.
For equity markets, there are many unseen risks especially in developed market bonds that could easily escalate or any kind of conflict could spread to other parts of the world, says Abhishek Banerjee.
On macro level, largecaps are trading at relatively attractive valuation as compared to midcap IT space, says Raghvendra Nath of Ladderup Wealth Management.
Market experts advocate for a meticulous evaluation of stocks, considering factors such as the extent of correction from peak levels, company performance and valuation comfort.
Overall, analysts expect bargain opportunities to persist in mid- and small-cap stocks whose valuations are supported by fundamentals
Amit Jain of Ashika Global Family Office Services said he would avoid auto sector at this moment of time.
The matadors are all out there with sharpened stiletto#39;s, inflicting scars on its hide in the form of SME scams, regulatory warnings, RBI crackdowns, funding winters, et al says Sharma
The overall market will remain sideways and bottom-up stock picking riding on earnings would be a prudent investment policy, says Unmesh Sharma of HDFC Securities.
The SEBI directive on small and mid-cap stocks will act as a pre-emptive move to protect the market in the future, says Ajay Tyagi, Head of Equities, UTI Mutual Fund
Chadawar also said there is sector rotation in the market with smallcap and midcap stocks seeing weaknesses, and large cap stocks expected to see inflows
After the strong earnings over FY23-24, growth in FY25 is likely to be muted, in mid-teens, says Siddharth Bothra of Ambit Asset Management
AMFI-SEBI mandated stress test and recent regulatory glare is weighing on the market sentiment in mid and smallcap category. Over 80 percent shares from the smallcap index are in the red since February 19.
Divam Sharma of Green Portfolio is underweight on banking and says he will wait for valuations to slim before adding major exposure
Electric vehicles and semiconductors are the sunrise sectors but a lot of their potential has already been priced in, the Samco Group founder and CEO says
Rajguru feels domestic manufacturing will remain a key focus area of the government, both for import substitution as well as positioning India as a ‘factory to the world.’ That will not only help in employment generation and overall development, but also support the currency and help revive private capex.
Valuations are far from cheap in the consumption space vis-Ã -vis the growth potential for the consumption companies, says Ashwini Shami of Omniscience Capital.
Banking is a core sector of the economy, and its health has implications for the overall well being of the economy, says Shrinivas Ramamurthy of HDFC AMC.
For Bharti Sawant of Mirae Asset, equity mutual funds stand out given the ease of investments, transparency and being tax efficient.
SEBI#39;s move may be aimed at slowing down the influx into small-cap funds, says Feroze Azeez, Deputy CEO at Anand Rathi Wealth, but points out that curtailing first mover advantage may be a sentiment dampener.
Centrum continues to remain constructive on IT space and believes it’s a good long term bet, says Manish Jain
Tridib Pathak expects FY25 to be a good year for markets. India’s narrative is changing and is changing fast and for the better, he says as he picks four sectors to especially do well in the new financial year. Read on
Rego say risks to the outlook the market are mostly external — uncertain geopolitical environment, spike in oil prices and a slowdown in the global economy
Tailwind Financial Services joint managing director Vivek Goel says the Indian economy is in the middle of a boom which will continue in the next fiscal, helping the market
For PSU names, the way ahead would be to cherry-pick stocks which show strong earnings growth at fair valuations, says Umeshkumar Mehta
While all eyes are on the general elections and a falling interest-rate cycle across the globe, all three elements of the capex cycle (housing, corporate capex government capex) are now firing, says Dhimant Shah of ITI Mutual Fund.
