Chartist Talks: Milan Vaishnav explains why he is bullish on Lupin, ITC for November series
Going ahead, Milan Vaishnav expects Lupin to resume its upmove from the current levels and go on to test Rs 2,300-2,350 levels.
Daily Voice: India remains expensive with structural triggers despite short-term challenges, says Siddharth Vora of PL Asset Management
In Samvat 2081, India’s equity markets face a mix of growth opportunities and risks, said Siddharth Vora.
Chartist Talks: Ashish Kyal picks these 2 buy ideas for Muhurat trading, believes Nifty can break August low in November
Poly Medicure has just given a breakout of the Rounding bottom pattern. Also, since October 28 not a single candle has given a close below previous day's low which suggests strength in trend.
Daily Voice: Start focusing on stocks from consumption pack for Samvat 2081, says Samco's Jimeet Modi
Jimeet Modi of Samco Group expects some FPIs related selling to continue, however, the good thing is that FPIs are not selling from their long only funds.
Daily Voice: Keeping lofty return expectations like Samvat 2080 more likely to result in disappointment, says Kotak's Nilesh Shah
After earnings below expectations in Q2FY25, Nilesh Shah of Kotak Mahindra AMC believes earnings should recover in the 2H FY25.
Daily Voice: This fund manager is bullish on large private banks, holds overweight position in IT space
Atul Mehra of Motilal Oswal AMC believes some of private banks stocks are quite attractively valued today; and offering compelling outperformance.
Daily Voice: Franklin Templeton backs premiumisation, sees short-term market pause
Indian markets may enter a period of consolidation in the short term, but continue to remain exciting due to their long-term growth prospects, said Hari.
MC Interview: Hyundai seems slightly better positioned than Maruti Suzuki, says this investment advisor
When comparing Maruti Suzuki and Hyundai, their current valuations are quite close, said Vivek Goel of Tailwind.
Daily Voice: Automation surge, weak earnings weigh on India's growth prospects, says Marcellus co-founder
One of India’s often touted fundamental strengths is the demographic dividend i.e, millions of young people joining the workforce and contributing to economic growth. If the government is unable to provide employment, this is unlikely to materialise as expected, said Pramod Gubbi.
Daily Voice: Auto stocks are pricey, but still a lot of growth to come, says this CIO
The festive season should turn out to be good for consumer discretionary companies, jewellery stocks and tourism related sectors, said Vijay Bharadia of Wallfort PMS.
Daily Voice: Expect cut in FY25 earnings estimates; markets may eye FY26 outlook, says this portfolio manager
According to Sandip Bansal, there is likely to be a sequential improvement in earnings in subsequent quarters on the back of good monsoons supporting rural revival, pick-up in government ordering and spending which is currently lagging the budgeted run-rate, likely acceleration in exports, among other drivers.
Daily Voice: Ashika Global's Amit Jain avoids taking bets in these 5 sectors that are still overvalued
Weak earnings and external pressures indicate that the Nifty 50 may face ongoing challenges rather than a swift recovery in the near term, Amit Jain of Ashika Global said.
Daily Voice: Book profits in auto and ancillary space as growth rate may decelerate in next few years, says Jitendra Gohil of Kotak
However, Kotak Alternate Asset Managers still remains constructive on the commercial vehicle financing space and also positive on rural demand recovery plays such as tractors, said Jitendra Gohil
Daily Voice: Near-term headwinds for corporate earnings could impact equity markets for a while, says CIO Jyoti Vaswani
After registering strong double-digit earnings growth over past few years, of late, there have been some concerns over sustainability of this earnings growth over next few quarters, said Jyoti Vaswani of Canara HSBC Life Insurance.
SurveyMonkey’s free product so good, hard to convert Indian users to paid plans: CEO Eric Johnson
25% of SurveyMonkey's R&D efforts will happen in India by 2025, Johnson said. The online survey platform has moved the development of several functions like market research and audience to the country.
Daily Voice: Don't anticipate a significant market correction, says this fund manager
Despite ongoing global uncertainties, including the threat of a global recession, geopolitical tensions, and the upcoming US elections, the market appears to have stabilized, says Sonam Srivastava.
Daily Voice: Ambit's Nitin Bhasin explains why banks are set for outperformance from here on
Instead of recommending PSUs as a whole, Nitin Bhasin prefers PSU Banks which stands out on asset quality and credit cost in the current cycle.
Daily Voice: Pharma should be part of investment portfolio, but significant re-rating looks difficult, says Milind Muchhala of Julius Baer
The recent passing of the Biosecure Act in the US further aided the positive sentiment, especially for some CDMO players in the pharma space, Milind Muchhala of Julius Baer said.
Chartist Talks: Sudeep Shah of SBI Securities believes Axis Bank has bottomed out, sees bullish momentum in this stock
According to Sudeep Shah, given the technical weakness, FMCG and Auto sectors are likely to underperform in the near term.
Daily Voice: This CIO remains bullish on luxury consumption, import substitution themes, but avoids 2-wheeler space
Tamohara has been incrementally buying financials (private banks largely), select chemicals and pharma names, said Sheetal Malpani.
Daily Voice: MOFSL's Gautam Duggad prefers consumer discretionary stocks over traditional FMCG names, cautious on defence space
Due to major earnings cut for commodities, MOFSL has reduced Nifty EPS estimates by 4 percent and 3.6 percent to Rs 1,072 and Rs 1,269 for FY25 and FY26, respectively, said Gautam Duggad.
We will not sacrifice profitability for market share: Shenu Agarwal, MD and CEO, Ashok Leyland
Higher interest rates do make vehicle financing more expensive, impacting the purchasing power of fleet owners and small businesses, says the CEO
Daily Voice: US elections not a major factor for Indian stocks, says TRUST MF's Mihir Vora
India is a growth market. Small-caps are companies which have survived their high-risk startup phase and now the focus is primarily on growth. Thus, small-cap companies are often in the highest growth phase of their lifecycle, said Mihir Vora.
Daily Voice: This chief investment strategist sees opportunities in these 5 sectors
For the equity market, Vikas Gupta of OmniScience feels the near-term concerns driven by the US elections, Middle East tensions, China’s stimulus, and the Fed’s remaining meetings for the year may persist.
