Very few of the names in the broader markets traded at very exorbitant valuations, skewing the perception of the midcap and smallcap indices, said Emkay Investment Managers' CIO Manish Sonthalia.
Sonthalia expects the Nifty 50 to see earnings growth of nearly 15 percent in FY25 and FY26.
Sachin Shah believes this is clearly a bottom-up market. Interestingly, he prefers private defence companies over state-owned companies.
The Nifty50 has rallied by about 70 percent so far in FY21, but there is plenty of action still left as we are in the first round of bull market, Sachin Shah, Fund Manager, Emkay Investment Managers said in The Market Podcast with Moneycontrol.
Now that retail investors have got direct access to stocks, it makes sense for investors to diversify across geographies. Having said that, there might be the impulse to buy which is rising and then rue it later,
In an interview to CNBC-TV18's Ekta Batra and Prashant Nair, Sachin Shah of Emkay Investment Managers shares his readings and outlook on the fundamental side of the market, specific stocks and sectors.
Sachin Shah of Emkay Investment Managers sees a pick-up in the pace of execution of infrastructure projects, particularly roads, which in turn will boost demand for cement. Earlier on Tuesday, CNBC-TV18 reported, quoting sources, that cement prices in Andhra Pradesh and Telangana have been hiked by Rs 40-50 per bag.
Sachin Shah, Fund Manager at Emkay Investment Managers has a positive view on private sector banks and likes Power Grid.
Watch the interview of Sachin Shah, Fund Manager at Emkay Investment Managers with Anuj Singhal and Ekta Batra on CNBC-TV18, in which he shared his reading and outlook on market and specific stocks.
Sachin Shah of Emkay Investment Managers is of the view that Infosys is a best bet in the largecap IT space.
Sachin Shah of Emkay Investment Managers is positive on LIC Housing Finance.
In an interview to CNBC-TV18's Anuj Singhal and Ekta Batra, Sachin Shah of Emkay Investment Managers shared his readings and outlook on market and specific stocks.
Sachin Shah of Emkay Investment Managers is of the view that one may look at Hero Motocorp.
Sachin Shah, Fund Manager at Emkay Investment Managers is of the view that Hero Motocorp can deliver 15-20 percent return.
Sachin Shah, Fund Manager at Emkay Investment Managers is of the view that SKS Microfinance can give 25-30 percent returns in next 2-3 years.
Watch the interview of Sachin Shah, Fund Manager, Emkay Investment Managers with Anuj Singhal & Latha Venkatesh on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Sachin Shah, Fund Manager at Emkay Investment Managers is of the view that oil marketing companies look attractive.
Sachin Shah, fund manager, Emkay Investment Managers, says Bihar elections in October will have only a sentimental impact on the markets, but the real focus will be on earnings.
Sachin Shah of Emkay Investment Managers expects limited upside in Infosys.
Sachin Shah of Emkay Investment Managers is of the view that one may look at Bajaj Corp.
Sachin Shah of Emkay Investment Managers is of the view that one may prefer Gateway Distriparks and Transport Corporation.
According to Sachin Shah of Emkay Investment Managers, one may prefer Sun Pharmaceutical Industries at lower levels.
As far as Infosys goes, despite the good numbers reported by the company, it did well on the bourses due to subdued earnings expectation, says Sachin Shah, fund manager, Emkay Investment Managers.
Sachin Shah, fund manager at Emkay Investment Managers is of the view that one may look at L&T Finance Holdings.
Sachin Shah, fund manager at Emkay Investment Managers is of the view that HPCL and BPCL are good investment ideas.