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.
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.
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.
Banking, FMCG and speciality chemicals are Ashika Global Family Office Services co-founder Amit Jain’s picks if the market takes a tumble.
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.
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.
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
Smart meters offer exciting growth, but navigating implementation challenges and data security will be key, says Sonam Srivastava.
Overall, Q4FY24 earnings season is expected to be reasonably aided by healthy macroeconomic trends.
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.
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 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
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
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.
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.
Jitendra Gohil of Kotak Alternate Asset Managers recommends a 75 percent weights in largecaps and 25 percent in mid and smallcaps
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
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. 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.
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