Chartist Talks: Sudeep Shah of SBI Securities explains why he is bullish on Havells, Indian Hotels
The stock of Mahindra and Mahindra has given a downward sloping trendline breakout on a daily scale. This breakout is confirmed by robust volume.
Daily Voice: Don't expect major market correction thanks to strong economic fundamentals, says this investment advisor
Sectors that typically benefit from rate cuts include real estate, auto, consumer durables, infrastructure, and banking, as lower rates tend to boost demand and improve margins, says Vivek Goel.
Daily Voice: This fund manager explains why she is focusing on defensive stocks now than growth plays
Sonam Srivastava believes the equity markets are poised for continued growth, driven by strong corporate performance and supportive macroeconomic factors.
Daily Voice: CY25 could mark strong IT demand rebound, says Baroda BNP Paribas MF's Shiv Chanani
In case of IT space, while there are tailwinds for the underlying clients in the BFSI space on account of rate cut cycle, there are concomitant uncertainty on the impending US elections due in November, Shiv Chanani said.
Daily Voice: RBI rate cuts likely by late 2024 after fed move, says Whitespace Alpha's Puneet Sharma
With softening demand across key sectors, the RBI might opt for a pre-emptive rate cut before 2025 to reinvigorate consumption and support economic momentum, said Puneet Sharma.
Daily Voice: Markets factoring in 250 bps easing from Fed by end of 2025, says Aamar Deo Singh of Angel One
Market participants anticipating a rate cut anywhere between 25 basis points to as high as 50 basis points, given that US inflation is below the subpar 3 percent level, said Aamar Deo Singh
Daily Voice: Banks continue to be a preference within financial sector, says HDFC AMC's fund manager
Srinivasan Ramamurthy of HDFC AMC finds pockets of attractive investment opportunities in the financial space.
Daily Voice: Structural trends signal bull run in equity markets, says this investment officer
The market could have one or two years of some sideway movements but the structural trends continue to remain extremely robust, said Naveen Kulkarni.
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.
