Karvy Private Wealth

Karvy Private Wealth today said individual wealth grew 8.5 per cent to race past Rs 300 trillion mark at the end of 2015-16, driven by faster-clipped growth in physical assets, and will grow to Rs 558 trillion in the next five years.

Direct equity most favoured investment option: Study

The report by Karvy Private Wealth said the upward trend in direct equity is likely to continue with a compounded annual growth rate (CAGR) of 20 percent over five years.

Fin assets catching up: Will 2015 be the year of equities?

According to a report by Karvy Private Wealth, the amount of wealth held by individuals in financial assets has grown by a whopping 83 percent over the last 5 years, pretty much turning a 10-year-old ratio on its head.

Wealth held by Indian individuals to double in 5 yrs: Karvy

Indian individuals still prefer to invest a large amount of their wealth in physical assets (gold & real estate), which stands at Rs 92 lakh crore of individual wealth and the balance Rs 110 lakh crore is held in financial assets.

Bet on PSU banks, auto; gung-ho on 2013: Karvy

Varun Goel of Karvy Private Wealth explains, in an estimate of the market for 2013, explains that he expects the market to perform better in the New Year than 2012. Goel picks PSU banks and the auto sector as the top outperformers for 2013.

See Sensex at 21500 by March 2013: Karvy Private Wealth

The Indian market has been very volatile over the last few sessions. Varun Goel, Karvy Private Wealth is looking at a 21,500 target for the Sensex by March. "We believe there is still upside in the market. I think the macros are going to improve going forward."

Varun Goel upbeat on private banking

Varun Goel, Karvy Private Wealth is upbeat on private banking.

Avoid cement stocks: Varun Goel

Varun Goel, Karvy Private Wealth is of the view that one should avoid cement stocks.

Future of rally dependent on central bank action: Karvy PWM

According to Varun Goel of Karvy Private Wealth, the future of the rally is dependent on further action by central banks, be it the US Fed, ECB or even the Reserve Bank of India.

Karvy bets on pvt banks, FMCG, pharma; calls for reforms

Varun Goel of Karvy Private Wealth feels the market strength witnessed in the last couple of weeks has been essentially triggered by global cues.

IT sector may outperform market: Varun Goel

IT sector may be a market performer from these levels, says Varun Goel, Head - PMS, Karvy Private Wealth.

Varun Goel positive on auto space

Varun Goel, Head - PMS, Karvy Private Wealth is positive on auto space.

Varun Goel cautious on two wheeler segment

Varun Goel, Head - PMS, Karvy Private Wealth is cautious on two wheeler segment.

Stay away from gas space, says Goel

Varun Goel, Head - PMS, Karvy Private Wealth advice traders to stay away from gas space.

Infrastructure sector looks good, says Varun Goel

Infrastructure sector is looking good, says Varun Goel, Head Equity (PMS), Karvy Private Wealth.

Budget Reactions: Measures are in line with our expectations, says Karvy

By Varun Goel, Head Equity (PMS), Karvy Private Wealth

Varun Goel positive on auto space

Varun Goel, Head - PMS, Karvy Private Wealth is positive on auto space.

PSU banking space looks good, says Varun Goel

PSU banking space looks good, says Varun Goel, Head - PMS, Karvy Private Wealth.

Cupids bow fails to burst market bubble; 5500 key for Nifty

In another range bound session, the Nifty continued to hold well above 5,400. Confidence returned as investors preferred their 'buy-the-dip' mode. Read on for more...

Varun Goel positive on private sector banks

Varun Goel, Head- PMS, Karvy Private Wealth is positive on private sector banks.

Karvy Private sees leadership shifting to midcaps ahead

In an interview with CNBC-TV18, Varun Goel, Head – PMS of Karvy Private Wealth, spoke about his reading of the current market situation and his outlook.

Varun Goel overweight on IT space

Varun Goel, Head - PMS, Karvy Private Wealth overweight on IT space.

Varun Goel`s view on IT space

Varun Goel, Head - PMS, Karvy Private Wealth feels that in this market IT space is definitely a space, which is looking much better from a relative point of view, although the absolute upside might be limited from these levels.

Telecom space may outperform market: Goel

Telecom space may outperform market from these levels, says Varun Goel, Head - PMS, Karvy Private Wealth.

Limited downside seen in metal stocks, says Goel

Limited downside seen in metal stocks, says Varun Goel, Head- PMS, Karvy Private Wealth.