Manappuram Finance shares rally 5% on Sebi nod to IPO of subsidiary Asirvad Micro Finance

Manappuram Finance shares surged 5.4% to a 52-week high of Rs 207.30 following news of subsidiary Asirvad Micro Finance receiving Sebi approval for an IPO. The IPO, filed last October, will follow a book-building process with allocation to various investor categories.

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

Conflicts vs elections: Navigating the markets in stormy waters

Recent weeks have been dominated by news of strife and armed conflicts. This has led to jitters in foreign flows into Asian equities, impacting India as well. Approximately Rs 25,000 crore has been pulled out by foreign institutional investors from Indian equity markets in April so far.

from Economic Times https://ift.tt/wKUM2JQ

Daily Voice: #39;Unless significant breakdown in US economy, 75 bps fed funds rate cut seems improbable in 2024#39;

While Marcellus Investment Managers broadly remains positive on the market, certain segments of the market, particularly in the small and mid-cap space, may face increasing scrutiny regarding valuations, says Arindam Mandal.

from Moneycontrol Market Outlook https://ift.tt/F9dukYx

Premiumisation, Indigenisation and Infrastructure — ITI AMC lists three themes to watch out for

CIO Bhatia sees the breadth of participation in the market as a proof that the quality of the market is good. "A high quality market like this doesn#39;t get disrupted very easily,” he says.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/premiumisation-indigenisationinfrastructure-—-iti-amc-lists-three-themes-to-watch-out-for_17528041.html

Daily Voice | This investment veteran sees banking and financials trade below median value, despite strong growth

Prima facie, oil prices crossing and sustaining above $100 a barrel does pose a risk and may have negative ramifications on India#39;s goldilocks macro, says Niraj Kumar.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-this-investment-veteran-sees-bankingfinancials-trade-below-median-value-despite-strong-growth_17527391.html

Daily Voice | This investment manager has 3 sectors on his radar if there is a sharp correction

Banking, FMCG and speciality chemicals are Ashika Global Family Office Services co-founder Amit Jain’s picks if the market takes a tumble.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-this-investment-manager-has-3-sectorshis-radar-if-there-issharp-correction_17526021.html

Record advance-decline ratio for April but experts see no reason to rejoice, just yet! Here’s why

Experts say that market breadth has taken a u-turn in the past few sessions amid geopolitical jitters and weak global cues. So, even though it#39;s a positive sign, it would be prudent to adopt a wait-and-watch approach and see if the trend persists throughout the month.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/record-advance-decline-ratio-for-aprilexperts-see-no-reason-to-rejoice-just-yet-here’s-why_17525451.html

Expect shallow rate cut by Fed in July-August; RBI may follow: Mahendra Kumar Jajoo

Jajoo expects Fed rate cuts in July-August but points out that we are now dealing with a new development on the geopolitical front. Iran and Israel conflict news is coming and that will have impact on the energy prices, which will again impact the global supply chain. Therefore, the central banks will be a little watchful and RBI may cut the rate one or two times after the Fed starts the rate cut process.

from Economic Times https://ift.tt/7e5aLsl

Daily Voice: Iran-Israel conflict may drive Brent crude above $100 a barrel, but sustainability uncertain, says this investment strategist

FIIs expect increased focus on infrastructure spending, continuation of #39;Make in India#39; and #39;Make for the World#39; initiatives, and support for sunrise sectors and the startup ecosystem from the government post general elections, says Vikas Gupta.

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

Daily Voice: Vinit Sambre of DSP MF flags oil, inflation concerns, expects consolidation ahead

Despite surplus stock and some policy changes, the long-term outlook for sugar sector remains on the government#39;s push for ethanol blending, says Vinit Sambre

from Moneycontrol Market Outlook https://ift.tt/PlQaV06

Daily Voice: Smart meters is a hot theme in power sector but with some caution, says this fund manager

Smart meters offer exciting growth, but navigating implementation challenges and data security will be key, says Sonam Srivastava.

from Moneycontrol Market Outlook https://ift.tt/xOd6LfH

Risk-addicted Wall Street funds are shaken as bad news piles up

Jerome Powell navigates monetary pivot amidst inflation decline. Geopolitical tensions challenge high stock, credit exposures. Israel-Iran strife impacts S&P 500. Goldman, Barclays revise rate-cut bets. Risk allocation analyzed. Northwestern Mutual adjusts stock exposure.

from Economic Times https://ift.tt/52sriS7

Daily Voice: Premium valuations of equity largely justified as India is in strong market cycles, says Axis Securities PMS CIO

Overall, Q4FY24 earnings season is expected to be reasonably aided by healthy macroeconomic trends.

from Moneycontrol Market Outlook https://ift.tt/9JGzUWe

Jefferies says US stocks can rally even if Fed doesn’t cut rates

US equities are likely to continue their uptrend based on good economic news, which Zervos, the bank’s chief market strategist, expects to swamp discussions about keeping rates higher for longer.

from Economic Times https://ift.tt/1MlIZwW

Five segments which display micro-bubbles and three segments that look attractive

Paharia anticipates a gradual market shift towards high-quality, high-growth companies over the next one to three years, away from weaker quality, low-growth names.

from Moneycontrol Market Outlook https://ift.tt/6keirlV

MC Exclusive: Prashant Jain says 3P Fund’s outperformance like cricketer scoring a century on debut; Nifty should compound at 12%

Though it is counterintuitive, in an environment where real economic growth is likely to accelerate, profit growth should slow down, Jain has said In his latest quarterly newsletter

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/mc-exclusive-prashant-jain-says-3p-fund’s-outperformance-like-cricketer-scoringcenturydebut-nifty-should-compound-at-12_17521361.html

Prashant Jain says 3P Fund’s outperformance like cricketer scoring a century on debut; Nifty should compound at 12%

Though it is counterintuitive, in an environment where real economic growth is likely to accelerate, profit growth should slow down, Jain has said In his latest quarterly newsletter

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/prashant-jain-says-3p-fund’s-outperformance-like-cricketer-scoringcenturydebut-nifty-should-compound-at-12_17521361.html

Daily Voice: Vikas Khemani bullish on FY25. Here are his 2 must-haves

Earnings growth is broad based, there are no macro headwinds and there will likely be a greater fund of flows after the elections, says the founder of Carnelian Asset Management Advisors

from Moneycontrol Market Outlook https://ift.tt/QTHXn0f

Midcaps may lag largecaps, beware of ‘buzzword’ themes: Aashish Somaiyaa of WhiteOak AMC

It has become fashionable to say elections and the upcoming Budget are priced in, says the CEO of WhiteOak Capital AMC. There is substantial upside potential in the coming months, which shouldn#39;t be overlooked or underestimated, he says.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/midcaps-may-lag-largecaps-beware‘buzzword’-themes-aashish-somaiyaawhiteoak-amc_17520281.html

Daily Voice: This chief investment officer explains why he is bullish on gold prices that hit a new high

India’s economy has demonstrated remarkable resilience thus far and is poised to sustain its strong performance this year, says Hou Wey Fook of DBS Bank.

from Moneycontrol Market Outlook https://ift.tt/ap7lmMc

Daily Voice: For mid, smallcaps, time corrections could be very painful, says Jitendra Gohil of Kotak

Jitendra Gohil of Kotak Alternate Asset Managers recommends a 75 percent weights in largecaps and 25 percent in mid and smallcaps

from Moneycontrol Market Outlook https://ift.tt/Z4tU2sg

Daily Voice: Equity markets to be rangebound until election results, says this investment consultant

Kunal Jain, Senior Consultant and Partner at Alpha Capital, feels significant movements are anticipated only post election results, with market sentiment heavily influenced by factors such as the outcome, the final Union Budget, actions by the US Federal Reserve, and corporate earnings

from Moneycontrol Market Outlook https://ift.tt/e4tDr5W

Daily Voice: Industrials space can’t be ignored, invest with a bottom-up approach, says this CIO

Markets are extrapolating the current run rate in auto numbers and hence from safety point of view, autos can be avoided for the time being, Umeshkumar Mehta advised.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-industrials-space-can’t-be-ignored-investa-bottom-up-approach-says-this-cio_17517321.html

Daily Voice: Industrials space can’t be ignored, invest with a bottom-up approach, says this CIO

Markets are extrapolating the current run rate in auto numbers and hence from safety point of view, autos can be avoided for the time being, Umeshkumar Mehta advised.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-industrials-space-can’t-be-ignored-investa-bottom-up-approach-says-this-cio_17517311.html

There is a case for rate cut, market will react to fine-print: DSP MF’s Souvik Saha

Less negative will be a very good positive for the market, which is why a lot of people will look at the fine print, said DSP#39;s Investment Strategist Souvik Saha. That will give a very clear indication of what the RBI is actually thinking and what are the probable steps it is planning, he added

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/there-iscase-for-rate-cut-market-will-react-to-fine-print-dsp-mf’s souvik saha_17516011.html

Five things equity investors should look out for in the RBI Monetary Policy today

Being the first meet in the new financial year and the last before the general elections, tomorrow’s  MPC will be keenly watched, although experts do not expect any change in rates or the monetary policy stance

from Moneycontrol Market Outlook https://ift.tt/h3Igf0x

Market awaiting RBI policy fine print for negative hints on future rate action: DSP interview

Less negative will be a very good positive for the market, which is why a lot of people will look at the fine print, said DSP#39;s Investment Strategist Souvik Saha. That will give a very clear indication of what the RBI is actually thinking and what are the probable steps it is planning, he added

from Moneycontrol Market Outlook https://ift.tt/Y3wyrNu

Five things equity investors should look out for in the upcoming MPC

Being the first meet in the new financial year and the last before the general elections, tomorrow’s  MPC will be keenly watched, although experts do not expect any change in rates or the monetary policy stance

from Moneycontrol Market Outlook https://ift.tt/P9JYcru

Daily Voice: Power, infra, clean tech among top FY25 themes for this fund manager

Ashwini Shami, executive vice-president P) and portfolio manager, OmniScience Capital, expects the RBI to take cues from the US Fed on interest rates. The US central bank may cut rates in May or June, he says

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

Daily Voice: No rate cut before second half of FY25, says Anil Rego

The Right Horizons founder says Indian companies saw more upgrades than downgrades in the previous two quarters despite challenges and the earnings momentum is likely to continue in FY25

from Moneycontrol Market Outlook https://ift.tt/1dzwA25

Daily Voice: Here are Rajesh Bhatia#39;s 2 portfolio picks for FY25

The ITI Mutual Fund chief investment officer is also positive on NBFCs. Some of the non-banking firms have evolved through the years to make a niche for themselves with in terms of growth as well as asset quality, he says

from Moneycontrol Market Outlook https://ift.tt/f8Nv0Xb