Bp Singh

Should look to buy Nifty; 7540 best support: BP Singh

In an interview to CNBC-TV18, BP Singh of DHFL Pramerica Mutual Fund shared his reading and outlook on the market and also gave recommendations on various stocks.

Deploy cash when selling stops; do not buy today: Pramerica

Global investors are still positive on India because most other markets are running either on stimulus or on zero interest rates unlike India, said BP Singh of Pramerica Mutual Fund.

BP Singh underweight on FMCG space

BP Singh of Pramerica Mutual Fund is underweight on FMCG space.

Look at telecom tower companies: BP Singh

BP Singh of Pramerica Mutual Fund is of the view that one may look at telecom tower companies.

Higher USD-exposed IT cos to gain, like pharma: Pramerica

The multi-year bull run is an opportunity which investors should not miss, says BP Singh of Pramerica Mutual Fund. The interest rates are going to come down, and equity is the only option to make money he said in an interview adding that volatility will be very high.

See tell-tale sign of market turning around: Pramerica

With US bond yields recovering, monsoons looking good currently, commodity prices remaining soft and the capex reviving, the market is all set to turn around, Pramerica CIO told CNBC-TV18.

Mkt to take cue from global bond yields: Pramerica

The government has managed to keep inflation under control and with the economy on a recovery path, one need not look at these corrections negatively and instead use it as opportunity to enter, says BP Singh of Pramerica Mutual Fund.

See capital shifting from IT, pharma & FMCG: Pramerica MF

The correction seen in the Indian market is due to fear that the United States will increase interest rate, that is the word coming in from BP Singh of Pramerica Mutual Fund.

Banks to emerge super-sector in next 2 quarters: Pramerica

In an interview to CNBC-TV18, BP Singh of Pramerica Mutual Fund says that though PSU banks have disappointed with their earnings, they reflect a story of the past.

Can go long in PSU banks for medium-term: Pramerica MF

Pramerica expects metals stocks to be de-rated over next 12 months.

NBFC, public sector banks to do well: BP Singh

According to BP Singh of Pramerica Mutual Fund, the non-banking financials companies (NBFCs) and the public sector are likely to do very well.

Eye pre-Budget rally in Jan; bullish on auto: Pramerica MF

In an interview to CNBC-TV18, BP Singh of Pramerica Mutual Fund, says he expects companies‘ capital expenditure cycle to start in 2-3 quarters and also expects to see a pre-Budget rally in January.

Continue to buy on dips; bet on IT, pharma: Pramerica MF

One can say that the real economy turnaround is six quarters away, but the market turnaround is what we are witnessing now, BP Singh, Pramerica Mutual Fund said.

Mkt to be driven by earnings in Jan, early Feb: Pramerica

BP Singh, Executive Director and CIO - Equity Pramerica Mutual Fund says export-oriented companies will post good third quarter numbers.

Taper not a worry as RBI better prepared: Pramerica MF

According to BP Singh, the Reserve Bank of India is now better prepared to face tapering, there is much higher forex reserve and the currency (rupee) and interest rates are much higher now.

Dec flows to weaken; mkt in buy-on-dips mode: Pramerica

Foreign Institutional Investors (FII) inflows may moderate because globally these are the times when most of the institutional players start looking to close their books for the year

FII flows to continue, realign portfolio now: Pramerica

According to BP Singh, now is not the time to sell into the market but one should utilise this opportunity to realign the portfolio.

'Mkt not ready for earnings letdown; churn portfolio'

Bet on companies which are likely to benefit from rupee‘s fall and are less leveraged, especially, forex leverage, says BP Singh, Pramerica Mutual Fund.

Negative surprises from FOMC meet, RBI likely: BP Singh

Given the kind of data that has come from global as well as domestic markets, it is unlikely that the FOMC decision will be favourable and the RBI will continue to maintain a soft stance.

Mkt won't fall as much as expected; bet on metals: BP Singh

Weak rupee will help metal companies to increase prices marginally and valuations are now in favour of investors, says BP Singh, executive director and CIO - equity, Pramerica Mutual Fund.

Bet on exporters; avoid economy related stocks: BP Singh

Domestic investor will continue to remain cautious and in that context, companies that are focused on the domestic businesses will continue to disappoint whereas the companies which are exposed to exports will continue to do well

Banks to gain from RBI firefight to rescue rupee: Pramerica

BP Singh, Executive Director and CIO - Equity, Pramerica Mutual Fund, said the steps taken by RBI to curb rupee fall, is a step in right direction. These are small initial steps and we hope that going forward similar structural changes will be brought about to ensure that the people find it attractive to continue to invest in this economy.