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
Chartist Talks: Technical factors indicate bullish sentiment in Nifty, bullish on these 2 stocks for next week, says Sudeep Shah of SBI Securities
Any sustainable move above the level of 24,700 will lead to a sharp upside rally in the Nifty 50 upto the level of 25,000, followed by 25,200 in the short term.
MC Interview | Tata Power targeting 50% of revenues from consumer-focussed businesses by 2030: MD
Praveer Sinha, the company’s MD and CEO, feels that the steep rise in its share price is just an early indication of the headroom for further growth as investors re-rate it for its consumer-centric businesses.
Biocon plans to expand margins to 25%, led by new products and markets: Group CEO Peter Bains
Bains described FY25 as a year of consolidation for the biosimilars business. And with the expansion of Biocon's vertically integrated model into new geographies, he also anticipates the drugmaker's portfolio growth to gain momentum.
Chartist Talks: This analyst sees more correction if Nifty breaks 24,500; advises 2 stocks ideas
Going ahead, the 50-day EMA zone of 51,050-51,000 will act as immediate support for the Bank Nifty. If the index slips below the level of 51,000, then the next support is placed at 50,450-50,400 zone.
Chartist Talks: Deploy bull call spread strategy in Nifty; 2 stocks look strong, says Sudeep Shah of SBI Securities
Shah says the Bank Nifty is likely to witness a pullback rally in the short term. The 50,500-50,400 zone will be a crucial support for the index.
Budget 2024 shines with 9/10: MOFSL's Duggad applauds infrastructure boost, flags missed consumption growth
The government eschewed populism, once again and instead continued on the path of fiscal consolidation and capex push, says Gautam Duggad.
MC Interview: Rural consumption unlikely to grow in a hurry, although budget increased allocation to rural schemes, says Sandeep Bagla
The Budget is tough for investors in the sense that they will now have to fork out a greater portion of their capital gains as tax, as compared to before, says Sandeep Bagla of TRUST Mutual Fund.
MC Interview: Divam Sharma of Green Portfolio rates Union Budget 4/5, says LTCG and STCG tax increases in line with expectations
Sharma sees the continuation of the Buy the Dip strategy and bets on agriculture and renewable energy post Budget.
MC Interview: Nifty may find it hard to cross 25,000, but rally likely to continue in IT, FMCG indices, says Milan Vaishnav
While some consolidation cannot be ruled out, the rally in Nifty FMCG index can definitely extend itself as the primary uptrend stays very much intact, says Milan Vaishnav.
