Indian markets have settled down in a slightly higher range compared to 6800-7500, following the recent volatility, even as global macros continue to remain worrying, says Nitin Raheha of AQF Advisors.
In an interview to CNBC-TV18 Nitin Raheja, co-founder, AQF Advisors shares his views on the market and specific stocks going ahead.
According to Nitin Raheja of AQF Advisors, one may stay away from cement space.
Nitin Raheja of AQF Advisors has a negative view on the aviation space.
According to Nitin Raheja, Director of AQF Advisors, RGESS is a good beginning for people because the kind of tax benefit that one is getting itself adds to your return on day one as such.
According to Nitin Raheja, Director of AQF Advisors it is a function of what you are investing in and what valuation you are investing in. So if markets are terrible you might actually get a great company IPO coming at that time and presenting an opportunity.
According to Nitin Raheja, Director of AQF Advisors, If you have a lot of time in your hands and if you are doing this as a full fledged focused area of venture then you need to give a sizeable amount of time because then you are doing it for yourself.
According to Nitin Raheja, Director of AQF Advisors, you require a broking account, which helps you for execution and you require a demat account where your stocks will be lying for you as such.
According to Nitin Raheja, Director of AQF Advisors, you would get periods where equities overvalue themselves and periods where they undervalue themselves.
Nitin Raheja of AQF Advisors suggests to pick ITC.
Nitin Raheja of AQF Advisors is underweight on the cement space. "There is a slowdown that is starting to show up even more in cement now and all companies are being forced to cut prices, he adds.
Nitin Raheja of AQF Advisors recommends holding Sesa Goa. "Besides the merger, there might be a look at the mining ban that has taken place, which could be very positive for the company," he adds.
Nitin Raheja, CIO, AQF Advisors explains to CNBC-TV18 that the macro-economic situation will be confusing till the effect of the reforms sinks in. He advises investors to bet on interesting opportunities in the pharma and the auto sectors.
Tata Motors and M&M are top picks in auto space, says Nitin Raheja, CIO, AQF Advisors.
Informed Investor, the special show on CNBC-TV18 organized in association with the National Stock Exchange brings together Nitin Raheja of AQF Advisors and Hemant Rustagi of WiseInvest Advisors to answer investor queries.