Chartist Talks: Sudeep Shah of SBI Securities sees Nifty climbing towards 26,000, bets on these 2 stocks
Looking ahead, Bank Nifty is expected to continue its ascent, targeting levels of 52,800 and then 53,300 in the short term. On the downside, support has now moved up to the 51,400-51,350 range.
Daily Voice: Ladderup's Raghvendra Nath bullish on HFCs, does not expect any significant improvement in overall Q2 earnings growth over Q1
Investor interest in housing finance (HFC) space is also very strong, as evidenced by the recent Bajaj Housing Finance IPO, which received bids totaling Rs 3.24 lakh crore against an offer of Rs 6,560 crore.
Daily Voice: Focus on these 3 sectors for rest of current financial year, says Epsilon's Tushar Pradhan
Pharma has caught up in recent times and valuation are in line with longer term averages, said Tushar Pradhan.
Daily Voice: This tower stock could be a strong investment over next 3-5 years as interest rates have peaked, says Marcellus' Arindam Mandal
Arindam Mandal sees no change in the long-term trend of rising wireless data consumption, especially with the ongoing 5G rollout acting as a further tailwind.
Daily Voice: IT, chemical sectors appear well-positioned for outperformance, says LGT Wealth's Rajesh Cheruvu
The defence industry is entering a golden era of indigenization and technological advancement, with a significant surge in domestic procurement, LGT Wealth's Rajesh Cheruvu said.
Daily Voice: UTI AMC's Vetri Subramaniam picks these 2 sectors based on strong cash flows, RoE characteristics
From a risk management perspective, Vetri Subramaniam believes that large caps have the advantages of better access to capital, depth and breadth of management and superior bargaining power relative to their supply.
Daily Voice: Time to book profits in pharma, Zomato looks overvalued, says portfolio manager
With the Nifty Pharma index's price-to-earnings (PE) valuation multiple at 38, the sector is fully priced for its growth outlook, according to Ashwini Shami of OmniScience Capital.
Chartist Talks: Sudeep Shah of SBI Securities explains why he is bullish on Narayana Hrudayalaya, Asian Paints
Sudeep Shah believes ITC is likely to outperform the frontline indices in the next couple of trading sessions.
Daily Voice: Remain positive on largecap financials, RBI may give signal of rate cut cycle in October, says Bharti AXA's Rahul Bhuskute
In India, the next RBI policy is due in October, Rahul Bhuskute of Bharti AXA expects that RBI is going to maintain pause in the October policy and any rate cut may start only from December policy onwards.
Daily Voice: After 25,000, here is why Ashika Global's Amit Jain taking cautious approach for Nifty and broader market for at least next 6 months
Ashika Global is expecting a market correction in both the Global and Indian Stock Markets, Amit Jain said.
Daily Voice: Two-wheeler segment to outperform CV and PV sectors, positive on export-oriented sectors, says LIC MF's Nikhil Rungta
LIC Mutual Fund's outlook is positive on asset management, insurance, and wealth management firms, Nikhil Rungta said.
Daily Voice: Unmesh Sharma of HDFC Securities explains why he's underweight on IT space, added exposure to FMCG
While IT sector is awaiting a convincing growth environment, valuations have already moved up, says Unmesh Sharma of HDFC Securities.
Daily Voice | Downside to equity market limited, RBI unlikely to cut rates in 2024, says Kotak's Nilesh Shah
The central bank is in a far more comfortable position than the US Fed as growth is good, inflation is within the target range and the rupee is stable, says Nilesh Shah of Kotak Mahindra AMC.
Daily Voice: FMCG remains an attractive long term bet, pharma holds potential for growth, says Equirus Wealth's Abhijit Bhave
India’s demographic dividend continues to remain a boon for the FMCG sector & hence this sector continues to present a compelling investment opportunity, says Abhijit Bhave of Equirus Wealth.
Daily Voice: Focus on these 3 sectors including telecom, says this fund manager
The high multiple of mid and small caps create discomfort but earnings growth excluding the current quarter has been higher, says Riya Oswal Bafna of Purnartha.
Daily Voice: Few pure-play defence stocks still investible from valuation perspective, says OmniScience Capital's Vikas Gupta
The focus should now shift to infrastructure, roads, railways, logistics, PM GatiShakti, digital banking & fintech, power, renewables and clean tech, and digital transformation/AI, Gupta said.
Daily Voice: Market hopeful for robust rebound in Q2 earnings, but this CIO maintains a cautious stance
Foreign institutional investors' interest in recent block deals suggests a possible return to Indian equities following a market correction, Shailendra Kumar feels.
Chartist Talks: Sudeep Shah of SBI Securities expects these 3 sectors & 2 stocks to fly north
The higher rollover of Nifty Index futures in August indicates that long positions are being rolled over, given the confidence in the bullish momentum.
Daily Voice: This fund manager explains why he is bullish on consumer discretionary, domestic cyclicals segments
India showing 6 percent economic growth in the coming years is a sustainable scenario as the best macroeconomic parameters include both, democratic dividend plus the reforms the government does, says Anirudh Garg of Invasset.
Daily Voice: AMCs could offer solid investment opportunities but be cautiously optimistic on OMCs, says Kunal Jain of Alpha Capital
India’s demand for petroleum products, especially petrol and diesel, remains strong due to its growing population, increasing vehicle ownership, and economic growth. This supports a stable revenue stream for OMCs, says Kunal Jain of Alpha Capital.
Daily Voice: Indian stocks remain lucrative with strong earnings, future prospects: Divam Sharma of Green Portfolio
Divam Sharma of Green Portfolio thinks the market is a little overvalued as indexes reached an all-time high after a constant bull run.
Daily Voice: Valuations reasonable for private banks, strong consumer demand shows signs of rural growth recovery, says Anil Rego of Right Horizons
Valuations are reasonable for large caps and certain smallcaps, while midcaps mostly appear to be overvalued, according to Rego, a seasoned investor who for over three decades has been making contrarian bets.
Chartist Talks: This analyst suggests Bull Call Spread strategy as Nifty to maintain positive momentum next week
The overall setup is bullish with Nifty forming a Higher top-Higher bottom pattern for the past 3 weeks, Sudeep Shah of SBI Securities said.
Kotak’s Sanjeev Prasad: How much should investors pay for future growth?
As the market stands, valuation remains a niggling worry for many. Sanjeev Prasad, MD, Kotak Institutional Equities, tells you how to mute the noise and where to step in to make money
