The key philosophy behind investing is to always buy into good business with sound management at reasonable valuations and to avoid companies that have a balance sheet and corporate governance issues, says Roy
You can empower your mother with a financially fit future by investing in equities on her behalf. Taking everything a notch above, you can even teach her how to invest.
PNC Infratech and Kalpataru Power are our top picks in the Infrastructure space while JK Lakshmi Cement and Somany Ceramics are our top picks in cement and building material space, Roy said
Markets are factoring in strong earnings recovery in FY22 and FY23 which along with record FPI flows is providing support to the markets and especially to mid & small caps.
Continues strength in the rural economy on the back of a good monsoon along with pent up demand bodes well for Agrochemicals, two-wheelers, and tractors.
In the agrochemical and chemical space, we prefer Aarti Industries, Galaxy Surfactants, and PI Industries. Britannia Industries and Bharti Airtel are our top picks in the FMCG and telecom space.
The Dollar index has appreciated sharply in the past few months due to further escalation in the US-China trade war. Brexit drama is also adding to the turmoil.