From DLF to Bharti Airtel, Moneycontrol brings you a list of top stocks to bet in 2025
Despite short-term hurdles, Wood maintains his long-term optimism on Indian equities, though with a degree of caution. He sees the recent market correction as healthy, particularly as it has targeted the most expensive segments of the market.
The promoter holding in the BSE 200 companies came down to 38.8 percent in the March 2024 quarter from 42.1 percent in the December 2022 quarter.
The brokerage estimates that with the ruling parties' win, markets could stabilize and return to a fundamentals-driven approach.
On the recent market correction, the seasoned investor said that there's always some froth in the market and doesn’t believe that it is close to bubble territory.
While the market is expected to remain under pressure for a couple of days due to the hot US inflation print, it is unlikely to be as big a risk for Indian equities as concerns of an earnings slowdown, analysts believe.
There is anticipation that the dollar index will stay within the 100-mark, bringing FII inflows into India and propping up the markets.
Mutual fund investors are going slow, and fund managers have been griping about patchy inflows into equity schemes. Debt appears to be a better bet for the time being
Bhatia cautions that any negative developments in the Russia-Ukraine war that could deepen the conflict between the Kremlin and the US or NATO could potentially cause the Nifty 50 to fall below 16,000 points
Apart from global monetary tightening, volatile crude, rising commodity prices along with Russia and Ukraine conflict led to an exodus of foreign money in 2022.
The Credit Suisse report reiterates its overweight call on equities globally saying that there is extreme investor pessimism and their base case is not for the US or a global recession.
Apart from equities, FPIs withdrew a net Rs 415 crore from the debt markets during the period under review, after infusing a net sum of Rs 1,403 crore in the preceding week.
This comes following a net outflow of equities worth USD 3.04 billion by foreign portfolio investors (FPIs) during the April-June quarter, according to Morningstar Investment Adviser India.
Morgan Stanley pegged BSE Sensex earnings growth at 5 per cent, 23 per cent and 24 per cent for financial year 2018, fiscal 2019 and fiscal 2020, respectively.
The report said while supply side has undergone a structural change, reform momentum is well above its historic past and more aggressive than emerging as well as global peers.
The global brokerage firm believes that the flows could drive markets up in the near-term but has retained the year end Nifty target at 8,800.
There is no doubt that the Indian equity market is in a structural bull market that has the potential to create wealth for investors is the word coming in from Vikas Khemani, President & CEO, Edelweiss Securities.
Market expert, Nilesh Shah of Kotak Mah AMC said it is very difficult to gauge the bottom for the market but it has become a stock specific market than sector specific.
Indian markets have had a double whammy impact with the outcome of US elections coinciding with the demonetisation leading to heavy withdrawals. Despite this, Indian markets are not the weakest among BRICS nations.
The low return environment that the country seems to be trapped in may get a breather in 2017, thanks to better equity valuations, bottoming of the growth cycle (disrupted temporarily by the recent demonetisation) and higher correlations with global equities market, the report said.
SP Tulsian, Prakash Diwan, Ashwani Gujral and Mitesh Thacker gave their closing strategy and trading trips.
Mitesh Thacker of miteshthacker.com said Bank Nifty is where the problem lay. If Nifty, he said, breaks below 8580, there could be some more corrections going ahead.
Ahead of an earnings-heavy day and initiation of the Bank of Japan's (BOJ) two-day policy meeting, Asia markets opened mixed on Thursday.
Over the next 3-5 year period equity as an asset class is sure to outperform and give superior returns is the word coming from Krishna Kumar Karwa, Emkay Global Financial Services.
Nifty indicates markets may move higher than the current levels, says Mehraboon Irani of Nirmal Bang Securities.