BUSINESS
Charlie Munger leaves behind a treasure trove of investment wisdom: Ajay Bagga
The Berkshire Hathaway vice chairman’s passing has left a void in the financial world, says market expert Ajay Bagga, reflecting on the life and legacy of the investing genius, and how he sought out great companies.
BUSINESS
Crackdown on consumer loans necessary; but rural economy will look up in near term, says this market expert
Market expert, Ajay Bagga, expects as many as five rate cuts of 25 bps each by the US Federal Reserve by next December. Back home, he feels the RBI is ahead of the curve with its clampdown on consumer loans amid stress in the rural economy. He sees a huge upsurge in rural consumption ahead as the wedding season kicks off.
BUSINESS
Optimism delayed! Forrester Research India expects IT demand recovery only by Q2 FY25
Ashutosh Sharma of Forrester Research India says he doesn't anticipate a positive shift in the demand environment until at least Q2FY25, given the uncertainty that has crept in across global markets
EARNINGS
Pharma, IT, banks best poised post-Q2 earnings, says Kunal Shah of Carnelian Capital
Pharma has emerged as the real star this earnings season, but banks are poised to join the rally soon as NIM pressure is behind them. Expect IT earnings to bottom out in the next one to two quarters, he said.
WORLD
Fed won’t change its tune just yet; don’t expect rate cuts until the 2nd half of 2024: Andrew Freris of Ecognosis Advisory
Contrary to expectations of more aggressive rate cuts in 2024, the Fed may go for just two rate cuts next year, the first of which may only come after six-nine months.
BUSINESS
Ed Yardeni expects Fed to cut rates next year; early signs of Santa Claus rally visible
Ed Yardeni discusses the expectations of potential rate cuts, recent market performance, and the resilience of the US economy during a conversation with Moneycontrol
BUSINESS
Recent selloff no cause for worry; look for sectors that have the potential to beat the index, says this wealth manager
The recent market correction is not substantive enough for investors to fret over. IT, Pharma & capital goods hold promise, says Feroze Azeez, Deputy CEO at Anand Rathi Wealth.
BUSINESS
Q2 earnings to be the next catalyst; IT may see more downgrades: Andrew Holland
The CEO of Avendus Capital Public Markets Alternate Strategies says shares of defence companies are going up more on order wins rather than on execution. The beverage sector, both alcohol and non-alcoholic, is another sector he is bullish on
BUSINESS
D-Street dream run has more legs; IT earnings can be revised upward: TCG Asset Management's Chakri Lokapriya
The managing director and CIO of TCG Asset Management said IT valuations are attractive. He sees great potential in the manufacturing theme.
BUSINESS
Markets in overbought zone; Wait for another quarter before investing in IT: Andrew Holland
Talking about investment opportunities and challenges in Indian equities, market expert Andrew Holland said he is cautious on IT but bullish on the life insurance and manufacturing industry. Investors should analyse market conditions and align any decisions with their goals and risk tolerance, he emphasised.
EARNINGS
Invest in IT stocks if you are willing to look past near-term headwinds: Trideep Bhattacharya of Edelweiss AMC
Valuations are a lot more palatable today than they were about a year or so ago, says the CIO.
BUSINESS
Keep your powder dry; buying at the right price is key to investing: Ajay Srivastava of Dimensions Corporate Finance
Investors should be cautious while putting money into Indian stocks at current levels, says Ajay Srivastava of Dimensions Corporate Finance. Enjoy the ride and consider booking profits but refrain from making a big money commitment at the current juncture, he says.
BUSINESS
Can't rule out 1,000-point correction in Nifty; see opportunity in IT: Ambareesh Baliga
Markets may correct to 18,200-18,400 levels. It'll be a decent correction, one that would present an opportunity to buy, says the independent market expert
INDIA
Time your investments, not the market: Deven Choksey
Next leg of market rally may be driven by large caps like RIL and HDFC Bank on the back of strong fundamentals
BUSINESS
Small Is Big: The action lies in high quality smallcaps now
Market expert Aishvarya Dadheech says small-cap valuations are more attractive than large-caps and mid-caps, and suggests capital goods, auto & auto ancillaries, and FMCG as key themes to invest in
BUSINESS
Nifty may hit 19,300 by July, Bank Nifty looks attractive: Pankaj Pandey of ICICI Direct
ICICI Direct's Pankaj Pandey believes the pharma sector hasn't performed well although the numbers have incrementally improved
EARNINGS
Head-to-head: TCS trounces Infosys on all fronts of financials
While most analysts still have a ‘buy’ call on both the IT majors, TCS comprehensively beats Infosys on most parameters, even as it commands a higher price multiple.
BUSINESS
Jim Rogers won’t place his bet on India now, or even on gold. Where is he putting his money?
Investment guru Jim Rogers cautions that the worst is yet to unfold and the real bear market will kick in only in 2024 and 2025. When that happens, India will not be spared either.
BUSINESS
STT hike on options trading to pinch small traders more than sellers: 5paisa CEO
However, the NSE rolling back the 6 percent hike in transaction charges will provide some respite, as otherwise it would’ve been a double whammy, feels Prakarsh Gagdani, CEO, 5paisa.com
BUSINESS
Chances of a 15% fall if global markets crack; stick to domestics now: Ajay Bagga
Ajay Bagga, Chairman of Elyments Platforms says the global banking crisis is not going away too easily. He expects Indian markets to be rangebound but doesn’t rule out the possibility of a 15% fall in the event of a global selloff. Bagga says it’s best to stick to domestics now, in what appears to be a “stock-picker’s” market.
BUSINESS
Why Adrian Mowat is not gung-ho on Indian financials now
It's quite tough to see Indian financials bucking the trend when there's a broader concern about global financials, says Adrian Mowat, Chief Asian and Emerging Markets Equity Strategist. The sizzling rally in the previous year has lost steam and it hasn’t been all hunky-dory for banking stocks in 2023.
BUSINESS
SVB collapse not a Bear Stearns moment, it’s more of an IL&FS moment, says Mark Matthews
The chief of investment research adds that US CPI may come down to 5.3 percent in March; expects Fed rate cut in second half of 2023
BUSINESS
These were the stocks that FIIs loved in December quarter
Despite being in flee mode for most part of the last calendar year, foreign investors remained buyers in some new-age firms in the December quarter
