Stay invested in high-quality businesses to generate outsized returns over the long term, and any correction in the markets should be used to add high-quality names to the portfolio, says Co-Founder and Chief Investment Officer of Enam Asset Management Company.
Bhasin believes that a bit of an upside is yet to be seen in the stock market where the Nifty may hit 18,800-18,900 points.
Real estate stocks have been badly bruised in 2022, despite demand being strong as liquidity tightened. With liquidity tightening peaking out, it#39;s worth looking at the sector.
Indian growth is likely to see a seasonal slowdown post the bumper festive season of 2022. It is also likely that some brushoff from global growth slowdown will impact Indian economic growth.
With most of the headwinds receding in the rear-view mirror, Modi expects the tailwinds to continue and things to get better. He feels the earnings trajectory is solid and there#39;s little downside risk over the next 12-18 months.
India can benefit from a recession-led fall in commodity prices. Achieving the RBI growth estimate for FY23 could be seen as a better-than-expected outcome given the current uncertainties, says Sameer Kaul of TrustPlutus Wealth
JamaWealth founder-CEO Ram Kalyan Medury also said that after the recent flurry of activity, even the primary markets could mellow down due to the global macro situation
The key financial metrics like NPA are likely to continue to improve in the rest of FY2023, backed by strengthened balance sheets and an improving credit demand outlook, especially for working capital, Arun Malhotra of CapGrow Capital says.
On November 24, the Nifty 50 reported a record closing high of 18,484 and now remains 120 points away from its previous record high of 18,604.
There is no known event that will keep markets volatile — the data and facts point to an optimistic situation for the markets, says Vikas V Gupta of OmniScience Capital.