Daily Voice: Vikas Khemani of Carnelian is bullish on IT, sees revenue revival in FY25
He says the sector offers one of the best opportunities as IT spends in BFSI companies is picking up, and tier 1 companies are reporting robust growth.
Daily Voice: Market may rally post US elections, volatility to persist until then: Samco MF CEO
In the coming years, the multicap fund category will grow to be the largest equity category scheme, said Viraj Gandhi of Samco Mutual Fund.
Chartist Talks: Strong bullish momentum suggests right time to buy Hindalco, NALCO, CG Power, says Sudeep Shah of SBI Securities
Daily Voice: India’s bull run intact, driven by structural growth; FII ownership at decade lows: Anil Rego
While FIIs offloaded domestic equities during the week it is unlikely to impact the Indian market significantly, said Anil Rego of Right Horizons.
Daily Voice: Earnings slowdown seen in Q1FY25 may persist in Q2FY25, says this CIO
Topline growth continues to struggle due to slowdown in demand. Margin growth which had been the key driver of profitability may also see moderation due to high base, said Ravikant Rathore.
Daily Voice: Aditya Birla Sun Life AMC's Harish Krishnan identifies these three sectors as dark horses
These three sectors provide greater margin of safety, given their longer term underperformance as well as low relative ownership of these sectors.
Daily Voice: Earnings likely to be subdued for banks, large-cap IT firms in Q2, says Axis Securities' Naveen Kulkarni
Overall, earnings performance for the September quarter is expected to be a mixed bag.
Daily Voice: This fund manager expects Q2FY25 earnings to be sequentially better with recovery in auto, pharma
More than the Q2 results, Mohit Khanna believes the more important aspect would-be management commentary regarding the acceleration in the execution post a slow June quarter.
Daily Voice: Don't foresee any substantial risk of significant capital moving from India to China, says Ladderup's Raghvendra Nath
Global investors may shift some focus to China, especially following these stimulus announcements; however, Raghvendra Nath of Ladderup Wealth Management believes that India's relative attractiveness remains high.
Chartist talks: Ashish Kyal sees bullish momentum in Sakthi Sugars, Infosys resuming upward trend soon after current volatility
A break above the Rs 1,960 level can lift Infosys towards Rs 2,080, so long as the Rs 1,850 level holds on the downside.
Daily Voice: Infosys, HCLTech, LTIMindtree likely to lead recovery in IT space, says this fund manager
Anirudh Garg of Invasset PMS anticipates the IT sector to benefit from structural trends like AI, automation, and digital transformation, further enhancing its potential for recovery.
Chartist Talks: Sudeep Shah of SBI Securities sees potential opportunities for investors in IT sector given strong technical indicators
Despite consolidation, the Nifty IT has strongly outperformed the frontline indices, said Sudeep Shah of SBI Securities.
Daily Voice: RBI rate call looms amid Israel-Iran tensions; IPO market set for Rs 60,000 cr in upcoming issues
RBI will aim to strike a balance between the risk of currency depreciation and the need to stimulate the growth, which seems to be slowing down, said Vaibhav Porwal.
Daily Voice: This portfolio manager sees strong value in largecaps and 4 key sectors amid market correction
Investors should also stay away from sectors that may be directly impacted by the ongoing Middle East conflict from rising input costs or other operational challenges, Ashwini Shami of OmniScience Capital said.
Retail investors can buy the dip if correction continues, focus on Brent crude if Middle East tensions escalate, says this fund manager
Sharma recommends allocating a portion to defensive stocks and remain vigilant on companies which supply or source their materials from Middle East.
Don't see market hitting long-term peak anytime soon, says Waterfield Advisors' Vipul Bhowar
While there might be some corrections, India's fundamental growth outlook remains strong, making it an appealing setting for long-term investments, said Vipul Bhowar of Waterfield Advisors.
Daily Voice: RBI unlikely to turn dovish before 2025, but surprise cut cannot be ruled out, says this senior fund manager
The government is placing a stronger emphasis on sustainable energy, with a larger share of spending directed towards renewables. This presents a promising long-term investment opportunity in power space.
Daily Voice: DSP MF's Vinit Sambre explains why he is betting on these 4 key sectors
Despite these headwinds, the long-term outlook for banks remains positive. As economic growth continues and private sector participation increases, there is room for credit growth to rebound, providing banks with new lending opportunities, says Vinit Sambre of DSP Mutual Fund.
Daily Voice: RBI unlikely to hint at interest rate cut in October policy meeting, says First Water Capital's Arun Chulani
The economy is still growing at 7-8 percent, so there does not seem to be any immediate requirement to stimulate an increase in demand from the RBI, said Arun Chulani.
Chartist Talks: FII long-short ratio hints at Nifty 50 consolidation in coming few sessions despite strong underlying trend, says SBI Securities' Sudeep Shah
After consolidation, the Nifty 50 is likely to continue its upward journey and test 26,500, followed by 26,750 in the short term, Sudeep Shah believes.
Daily Voice: Keep return expectations muted for next 1 year after stellar run in markets, says Quest's Aniruddha Sarkar
For the IT sector, Aniruddha Sarkar of Quest Investment Advisors believes worst is behind and added some weights there.
Daily Voice: Emkay's Kashyap Javeri quite bullish on digitisation, automation, AI theme
With a 5-6 percent surplus monsoon and strong kharif sowing season, one can definitely expect that the rural economy will make a strong come back this year, said Kashyap Javeri.
Daily Voice: Foreign investors underweight on India, but shift coming soon, says OmniScience's Vikas Gupta
Vikas Gupta believes that as global fund managers evaluate the growth potential of various markets, India will emerge as one of the most appealing destinations.
Daily Voice: Real estate in middle of upcycle after a decade-long downcycle, says Bajaj Finserv AMC's Nimesh Chandan
The sector is consolidating, with larger players gaining market share due to stricter regulations and demand for premium properties. This structural trend keeps us optimistic about the sector's prospects, said Chandan.
