We also expect the Auto sector to be in focus. Auto forms the backbone of organized Indian manufacturing. There is a need to bring volume growth back.
Each of these factors is equally important and this may be considered as our key philosophy for the selection of stocks. The philosophy helps to make rational decisions and keep us on track.
Investors can look at high dividend-yielding stocks such as ONGC, Hindustan Zinc, Vedanta which might pick up the pace if there is some relief on the personal tax front.
Despite the broader correction in midcaps in 2019, when NSE Midcap was down by 5 percent, quality stocks have been largely resilient,
The small & Midcap indices have broken their 200-DMA on the upside and that could also be one big factor contributing to the rally seen in the small & midcap space.
Manishi Raychaudhuri, Asia Pacific Equity Strategist at BNP Paribas, said Indian valuations remain at a premium as compared to its Asian peers.
Morgan Stanley backs three themes for 2020: a) domestic cyclical outperform defensives, b) value and growth stocks beat quality stocks, and c) mid-caps lead the large caps.
Investor wealth soared by over Rs 6 lakh crore in a buoyant equity market as the BSE benchmark has zoomed 1,000 points since November 26.
Mutual Fund managers lapped up infrastructure, consumer and financial stocks ahead of the Budget 2020, December MF data shows.
FY21E Nifty 50 earnings growth is projected to be around 23 percent
Market participants are keenly awaiting the earnings of Indian corporates to see if the sentiment among corporates has actually improved, says Sanjeev Jain of Sunness Capital India.
The last two years of consolidation in the Small & midcap indices and double-digit fall was seen in the majority of stocks in the broader market space opens up the possibility of a breakout year.
The 10 large, midcap and smallcap companies can potentially double their earnings in three years (FY19 to FY22), says HDFC Securities.
Data for PMS schemes for the period December 31, 2018, to December 31, 2019, highlighted that Marcellus Consistent Compounders which is a Multicap theme gave 27.4% in 2019
The budget is useful in setting the economic agenda but in the recent past, significant decisions such as the corporate tax cut have also been taken outside the budget, says Mihir Vora of Max Life Insurance.
Mid & smallcaps could find favour with investors and 2020 will be a good time to slowly start increasing allocation to this space with an outlook of two-three years, say experts.
Our Nifty target for 2020 December is 13,800 and we expect the Nifty companies to report 22 percent EPS growth in FY21, says Shailendra Kumar of Narnolia Financial Advisor.
Naren recommended investors to put money in risky assets due to low credit growth, particularly small-cap stocks.
The general slowdown has impacted consumption and investment but it is a matter of time before it recovers
The stock market investing is said to be very tricky, but with proper knowledge, planning and understanding, it can help you to multiply your money.
The market is heading this Budget with high expectations from the government to boost economic growth as the government is on the path of economic reforms.
While the Nifty and the Sensex have been making news highs in 2019, we expect that the mid and small-cap space would do much better in 2020.
The top picks for 2020 derive from the underlying quality and a measure of sanity in valuations.
The market may not like a balanced budget as the economy needs a strong push, which is possible only by way of higher government spending as private CAPEX is yet to pick up.
Based on Monthly and Quarterly chart Nifty is preparing for hitting the level of minimum 13000 and maximum 14400 in the next 12 to 18 months based on Gann angles.