The entire emerging market basket has rallied very hard in the last one year. Are there valuations concerns now and where are these markets headed in the short-term?
Market is in a modest consolidation phase, but I do not expect a major correction, said Geoffrey Dennis, Head-Global Emerging Market Strategy at UBS in an interview to CNBC-TV18.
Adrian Mowat, JPMorgan is underweight on IT, pharma and consumer staples due to expensive valuations. He likes private players in the financial space
Global equities are now tracking geopolitical tensions and ongoing political turmoil in Washington while also keeping an eye on Friday when Fed chair Janet Yellen is set to speak on monetary policy. In an interview to CNBC-TV18, Jonathan Garner, Chief Asia & EM Equity Strategist at Morgan Stanley shared his views on the same.
Credit Suisse reiterated underweight call on India.
Asian markets are under pressure this morning following the Wall Street lead lower on growing uncertainty over the Trump administration's ability to follow through on its economic policies. In an interview to CNBC-TV18, Geoff Lewis of Manulife Asset Management and Arvind Sanger, Managing Partner at Geosphere Capital Management spoke about the same.
The executive from Avendus Capital Alt Strategies sees some consolidation on D-Street. Among weak sectors, he sees a lot of pain for pharmaceuticals space.
Nomura expects the RBI to stay on hold in October, likely with a 5-1 vote.
The S&P BSE Sensex rose a little over 18 percent so far in the year 2017 and history suggest that correction in Indian market were largely a result of some global factors.
In an interview to CNBC-TV18, Arvind Sanger, Managing Partner, Geosphere Capital Management, spoke about his reading of the market and his outlook.
In an interview to CNBC-TV18, Geoff Lewis, Global Strategist-Capital Markets Group at Manulife AMC and Michael Every, Head of Markets Research for Asia-Pacific at Rabobank assessed the impact of this news on the markets.
Of the top 20 stocks owned by foreign portfolio investors, HDFC Bank and ICICI Bank saw the most buying, while Infosys saw the most selling.
Three back-to-back disrupted quarters and an advanced festive season should set up for better earnings growth from Q2 onwards, Nandurkar believes.
Issues such as goods and services tax (GST) and firm rupee denting earnings, said Adrian Mowat, MD & Chief Asian and Emerging Market Equity Strategist at JPMorgan.
The dollar has slipped to a 14-month low. In an interview to CNBC-TV18, Ray Farris, Director at Credit Suisse shared his views on the same.
Andrew Holland is negative on stocks in IT sector which have reported very poor number. It has already faced pain for the past 1.5 years.
With the theme being the best return on equity fundamentals in six years with Asia Pacific ex-Japan return on equity rising from a low of 10 percent to 10.6 percent, continue to suggest buying the dips, she feels.
Analysts on D-Street might feel that the rally has just started in Indian equity markets and high valuations are not something which bothers them but Marc Faber, the editor of "The Gloom, Boom & Doom Report beg to differ.
Gautam Chhaochharia believes that the renewed political stability will give confidence to investors in the short term.
The US market rallied overnight with key indices hitting intraday records after the Federal Reserve left rates unchanged. In an interview to CNBC-TV18, Mark Matthews of Bank Julius Baer & Co spoke about the same.
Some of the reforms undertaken by the Modi government make a case for acceleration of economic growth, said Jim O'Neill, Former Chairman, Goldman Sachs AMC.
In an interview to CNBC-TV18, Arvind Sanger of Geosphere Capital shared his take on the climb to mount ten thousand.
In an interview to CNBC-TV18, Geoff Dennis of UBS spoke about India and other emerging markets.
Derek Higa of William O'Neil said the strongest in the region are India, South Korea and Hong Kong which he continued to advise being overweight on.
What the past three bull markets teach us is that valuations are still not at levels that signal an end to the bull market.