There is ample global funding for viable infrastructure projects: VA Tech WABAG CMD Rajiv Mittal
WABAG’s order book is 80 percent from government and flagship domestic projects
Daily Voice | Private banks remain most attractively priced, poised for better performance: Client Associates' Rohit Sarin
The pricing attractiveness of private banks stems from their current market multiples compared to their historical averages and growth rates, said Rohit Sarin.
Daily Voice: Uncertainties around earnings growth and inflation persist, says INDmoney's Ashish Kashyap
India’s longer term economic fundamentals remain strong, and targeted efforts to strengthen domestic industries, manage inflation, and boost exports will be critical for long-term growth, said INDmoney's Ashish Kashyap.
Daily Voice: Marcellus' Pramod Gubbi sees little chance of foreign flows reversal if US bond yields remain elevated
Pramod Gubbi sees more downside risks to the equity markets given the valuations are still high and earnings don’t seem likely to bounce back anytime soon.
Chartist Talks: Ashish Kyal bullish on these 2 stocks for medium term, but avoids this FMCG counter
ITC needs to see bottoming pattern and consolidation before any meaningful rally on upside, said Ashish Kyal.
Daily Voice: Equirus' Sahil Shah believes these sectors appear more reasonable in valuation
Though there has been 10 percent correction, at broader level markets are still in expensive zone especially in the context of the growth we have seen in H1FY25, said Sahil Shah.
Chartist Talks: Nifty’s pullback rally likely to persist; bullish on these 2 stocks, says Sudeep Shah of SBI Securities
As long as the Nifty 50 is trading above the 23,450 level, it is likely to continue its pullback rally upto the 100-day EMA level, which is currently placed at the 24,323 level, Sudeep Shah said.
Daily Voice: Max Life's Sachin Bajaj eyes investor boost from infra revival, consumption rebound
Moving forward, the key focus of the market will be on earnings growth in the upcoming quarters. If there is a further slowdown in earnings growth, the major indices may enter a consolidation phase in the near term, said Max Life's Sachin Bajaj.
It’s a counter-rally, not a trend reversal: Rohit Srivastava
The sharp rally today could cause some stocks to hit new highs but the momentum is likely to fade, says veteran technical analyst
Daily Voice: This financial expert sees India recording 7% growth in FY25, says moderation likely in coming years
From a long term perspective, the India growth story seems to be on track with consistent reforms and proactive economic policies, said Jyoti Prakash Gadia of Resurgent India.
Daily Voice: Time to create high-quality portfolio over next 3-6 months, focus on these 5 sectors, says Carnelian's Swati Khemani
The current market correction has been good and healthy from a medium to long-term perspective. In any bull run such corrections are desired and welcome as they highlight the relevance of disciplined investing and strength of ones’ investment philosophy, said Swati Khemani.
Chartist Talks: Markets rebound imminent despite downward trajectory, says Milan Vaishnav
Bank NIfty is likely to stay relatively stronger and relatively outperform the other indices, said Milan Vaishnav.
Daily Voice: Interest rate cut by RBI not completely ruled out in December, says OmniScience's Ashwini Shami
The October high inflation number is primarily driven by the inflation in food items while the other core items were in 3-4 percent price increase range. If the food prices inflation is to moderate then RBI may have room for a rate cut, Ashwini Shami said.
Daily Voice: Economic growth outlook for India more than sufficient to warrant an overweight stance, says LGT Bank's Stefan Hofer
In case of pockets of opportunity for India if Trump renegotiates tariffs with China, Stefan Hofer feels it is too soon to argue that “China’s loss is India’s gain”.
Daily Voice: Nifty 50 could hit 23,000 amid market pain; focus on 3 key sectors, says Quest's Rajkumar Singhal
Rajkumar Singhal thinks FIIs behaviour is more of a tactical adjustment rather than a structural shift, suggesting that if corporate earnings improve, FPIs may return to the Indian market.
Daily Voice: Great time to create robust consumption-oriented portfolio for long term, says this fund manager
Sorbh Gupta of Bajaj Finserv AMC believes rural consumption to lead the consumption demand revival from hereon.
Chartist Talks: Sudeep Shah of SBI Securities explains why he is bullish on these 2 stocks for next week
The momentum indicators and oscillators suggest strong bearish momentum in the BSE Sensex. Hence, any sustainable move below the 200-day EMA zone of 77,400-77,300 will lead to sharp correction in the index, said Sudeep Shah.
Daily Voice: Axis Sec's Neeraj Chadawar sees limited scope of earning downgrades in these 4 stocks
Neeraj Chadawar of Axis Securities is cautious about the potential improvement in consumer spending for the second half of the year.
Chartist Talks: Ashish Kyal bullish on these 2 stocks for next week, but signals panic if Bank Nifty breaks 200 DEMA
Ashish Kyal sees the new leg of up move in Zomato which smartly defended September low and rebounded
Daily Voice: Whitespace Alpha's Puneet Sharma expects steady recovery in earnings rather than a rapid rebound, after weak Q2 numbers
The currency impact from North eastern neighbours is manageable, and India’s economic outlook remains resilient amid the external noise, said Puneet Sharma.
Daily Voice: Do not expect sharp rebound to record highs immediately, but positive momentum is building in market, says Tata MF's Meeta Shetty
The market is likely to rebound gradually, and a sustainable recovery will depend more on earnings growth rather than a sharp market correction, said Tata MF's Meeta Shetty.
Daily Voice: Weakness in consumer spending may persist, be careful in selecting FMCG stock, advises Sharekhan's Gaurav Dua
Consumption is an important pillar of economic growth and consequently important for sustenance of the rally in the equity market, said Gaurav Dua of Sharekhan by BNP Paribas.
MC Interview | Dr Reddy's looking to jump ranks in domestic market, eyes M&As in chronic segment
In an exclusive interview with Moneycontrol, Dr Reddy's CFO, M.V. Narasimham highlighted the company's plans on moving up the ranks in the Indian pharma market, areas of inorganic growth opportunities and prospects emerging from the US Biosecure Act.
Daily Voice: Don't expect RBI to cut interest rate in December meeting amid high food inflation, says this smallcase manager
RBI has not been taking interest rate decisions in sync with the Fed and Divam Sharma doesn’t expect that to happen either.
