We feel that Nifty50 is likely to move in a range of 11,000 levels at the lower end of the range and 13,000 at the higher end of the range in the medium-term
Notwithstanding the recent challenges, one must note that the long-term India growth story is still very much intact.
As we step in the Modi 2.0 period, a lot will depend upon how much of India's economic growth will translate into earnings growth for the corporates.
There are various value picks available in the midcaps currently, especially in the financial services sector such as AU Small Finance Bank and RBL Bank, said Amit Gupta of TradingBells
We have consistently maintained that opportunities would come predominantly from two sectors—consumer discretionary and FMCG—on the back of robust urban and rural demand
We would look at auto stocks more closely post elections and how monthly numbers pan out over period of 2-3 months to gauge if there is pickup in volumes.
The market is already pricing in a BJP-led NDA government formation at the Centre, which could mean a consolidation phase for the market, post elections
The brand has roped in Saif Ali Khan and Kareena Kapoor Khan as brand ambassadors.
Few large-cap stocks are performing well that are contributing high in the index gain. However, if we talk about mid and smallcap, steam is gathering to give a breakout based on the charts
While Indian auto sector has structural opportunities, the near term outlook on volumes is negative nd the valuations are not yet fully reflecting the same.
Top five picks are ICICI Bank, Aarti Industries, Kalpataru Power, Yes Bank, Arvind Fashions, We see scope for 25-30% upside over next one year
Pepperfry pioneered the omni-channel model in the home and furniture industry in 2014 through the launch of its first Studio in Mumbai
We certainly expect FY20 earnings to be closer to the average growth we have seen in the last few years. A lot will depend on how the numbers of auto companies and PSU banks will pan out.
Domestic economy oriented stocks and consumption stocks should do well post elections. In the short run, we should see the rupee appreciate to the 65-66 levels.
Over the long term, the fund house is optimistic on Indian equities. He feels India is likely to grow faster than many nations
With improved credit growth and higher project activity, PSU banks are likely to benefit. Private banks have shown resilient growth along with acceptable NPA ratios, he said.
Given the uncertainty in the markets, Jinesh Gopani continues to advise investors to invest in multi-cap strategies, giving investors a healthy mix of large/mid and small caps stocks.
We feel that over the long term, markets will track corporate earnings growth, which along with GDP growth, is expected to pick-up.
Mirae Asset is getting incrementally positive on the pharmaceutical sector as well but is underweight on PSBs, infrastructure/construction, real estate, and consumer staples
Events like the air strike add additional dimensions with added volatility. However, the fundamentals of Indian markets are on a firm footing with expected earning revival in an environment of benign inflation and robust GDP growth.
The company has seen a 2X growth in its gross written premium for 9MFY19 to Rs 316 crore
If the government is thinking of putting out a full budget then they would have something up their sleeve, otherwise, there was no need to break the tradition, said V K Sharma, Head PCG & Capital Markets Strategy, HDFC Securities
Alok Singh of BOI AXA MF suggested that at the current point investors should continue to invest in a staggered manner with an objective of long term wealth creation
Global factors and noise around general election will be a drag on the market performance, particularly in the first six months of 2019
Aarti Industries, InterGlobe Aviation, Escorts, HDFC Bank and UPL are top bets, said Vinod Nair of Geojit Financial Services