In June, Ankur Khurana took over as Standard Chartered’s head of corporate, commercial and institutional banking head after Ashish Vijayakar left the firm after 24 years, Bloomberg News reported.
Several large-cap names are now available at distress valuations, investors should construct a portfolio of these names, says Jain.
It is always a prudent strategy to invest in high-quality companies with a steady growth outlook and light balance sheet - even if it means paying a premium for the same.
The ED has arrested one Manish Jain under the Prevention of Money Laundering Scam. Jain transferred more than Rs 500 crore through 70 fake bank accounts
Manish Jain, FMCG Analyst at Nomura feels Hindustan Unilever (HUL) may head towards Rs 500 on the downside.
Further downside left in HUL. Nomura has a target price of Rs 500. There does not appear to be any meaningful pickup in volume growth in HUL immediately, at least a couple of quarters are required
Manish Jain of Nomura India has a bullish view on the food sector for almost two years now. “I would still prefer something like a Nestle over something like Britannia. Nestle has a much wider product portfolio and valuations over there are much better now,†he told CNBC-TV18 in an interview.
Manish Jain, Consumer Analyst, Nomura India is neutral on Nestle.
Jubilant Foodworks would be our top pick in the food space, says Manish Jain, Consumer Analyst, Nomura India.
The food segment will lead the next phase of growth as the sector is expected to grow by 12% in next 10 years. Being bullish on the sector’s growth in India, Manish Jain consumer analyst at Nomura India says, "We have to focus on the incumbents in the space."