Unless currency disbursements improve and liquidity returns to the system quickly, the impact of demonetisation on economy and corporate performance could be much more severe than anticipated; that is the feedback from a survey done Religare Capital Markets through a road-trip that concluded recently.
Most investors agree that the move is great step in tackling black money. However, it is likely to induce a short-term pain in the next few quarters, said Gautam Trivedi of Religare Capital Markets.
“Underlying mechanism to resolve (NPA) issue is not that great,†says Gautam Trivedi, MD & CEO of Religare Capital Markets.
Gautam Trivedi of Religare Capital Markets said a good monsoon, the rollout of the Pay Commission hike, passage of GST Bill and the appointment of the new Reserve Bank governor will be a positive.
Should the retail investor inflow into mutual funds turn into outflows, the market will go lower, says Gautam Trivedi of Religare Capital Markets.
Gautam Trivedi, CEO of Religare Capital Markets, isn't rushing to buy stocks just yet.
According to Gautam Trivedi, MD & CEO, Religare Capital Markets companies like Shemaroo Entertainment, which has got lot of video content and Saregama India with lot of audio content of songs will gain hugely from 4G penetration going forward.
Gautam Trivedi of Religare Capital said there is no immediate trigger for market to move up and is likely to continue its downward trend.
Manini Chatterjee, Editor of Telegraph and Gautam Trivedi, CEO Religare Capital Markets in an interview to CNBC-TV18 shared their views on impact of the outcome on the economy and markets
According to Gautam Trivedi, MD & CEO of Religare Capital Markets, Maruti Suzuki India, Tata Motors and Ashok Leyland are the top picks from the auto space and so is Shemaroo.
According to Gautam Trivedi, MD & CEO of Religare Capital Markets, Cholamandalam Investment and Finance Company is our top pick within the NBFC space.
According to Gautam Trivedi, MD & CEO of Religare Capital Markets, Strides Arcolab is a top pick in the midcap pharma space.
Gautam Trivedi, MD & CEO of Religare Capital Markets is of the view that one may accumulate Tata Motors.
Gautam Trivedi, MD & CEO of Religare Capital Markets likes IT, commercial vehicle and passenger car business space.
The FIIs are not willing to put incrementral money in India, particularly after the steep fall in Chinese markets. The valuation gap definitely makes China attractive to FIIs, says Gautam Trivedi of Religare Capital Market.
Experts attribute the renewed strength partly to the suspension of trading in many stocks and restrictions on the sale of shares in others, imposed by the authorities following the crash.
Gautam Trivedi, MD & CEO of Religare Capital Markets is of the view that one may prefer Maruti Suzuki and Ashok Leyland.
According to Gautam Trivedi, MD & CEO of Religare Capital Markets, one may look at Asian Paints.
According to Gautam Trivedi, MD & CEO of Religare Capital Markets, Infosys is a top pick.
The domestic mutual funds industry continues to see inflows, on the back of which the Indian market is likely to remain buoyant, says Gautam Trivedi, MD and CEO of Religare Capital Markets
Religare Capital, together with CNBC-TV18, recently undertook a road trip in central Uttrar Pradesh to ascertain demand conditions that forms the basis of economic activity. The findings reveal that the consumption story in rural UP is not as bad as reported.
Gautam Trivedi, MD & CEO at Religare Capital Markets is of the view that Maruti Suzuki is the top pick from the auto space.
According to Gautam Trivedi, MD & CEO, Religare Capital Markets, the Indian market is in a five-year structural bull run on the back of the Modi government, which may get extended if the BJP comes back to power.
Gautam Trivedi, MD & CEO of Religare Capital Markets is of the view that one may look at Jindal Steel & Power.
Gautam Trivedi, MD & CEO of Religare Capital Markets is of the view that one may stay away from the telecom space.