Nandan Chakraborty

In an exclusive interview with N Mahalakshmi, Head of Strategy at DAM Capital Advisors, talks about the investing game, macro indicators and why HNIs need to hold cash

RBI Policy: Effective interest rates may fall going ahead, says Axis Cap

Irrespective of RBI's decision on interest rates on Tuesday, effective interest rates will fall over the next few months, Nandan Chakraborty, Managing Director, Institutional Equity Research, Axis Capital said. There could be a slight de-rating but index will have an upside of 15 percent on an average, he added.

Why Axis Cap thinks price-to-earnings is more important than EPS

Nandan Chakraborty of Axis Capital expects earnings growth of 14 percent in FY17 and 21 percent going forward in FY18 largely on the back of a strong economy.

Yuan fall worse than China hard-landing for India: Axis Cap

Nandan Chakraborty of Axis Capital says if the global scenario does not improve, there is nothing the government can do to improve the situation considering the top 10 Nifty stocks are highly exposed to international markets

Indian growth recovery to gain traction in 2016: Axis Capital

According to Nandan Chakraborty, midcaps are at risk as they usually do well when GDP growth surprises and/or when the broader market has run-up and pauses to catch its breath and midcaps catch up. However, both the conditions are not in place and hence midcaps remain vulnerable, he feels.

Buy OMCs, look at auto space: Nandan Chakraborty

Nandan Chakraborty, MD-Institutional Equity Research at Axis Capital is of the view that one may buy oil marketing companies.

Great time to invest; overweight banks, autos: Axis Cap

According to Nandan Chakraborty, MD-Institutional Equity Research, Axis Capital Fed rate hike is symptomatic of the world doing well but it is unlikely that the Fed will hike rates because the US economy is still weak.

Invest selectively; HDFC Bank, ICICI top buys: Axis Capital

Nandan Chakraborty, Axis Capital says top buys in the financial space are large private banks like HDFC Bank, ICICI Bank while HPCL will be key beneficiary of low crude prices.

Be cautious, 8000 on Nifty may not sustain; like L&T: Pros

Ambareesh Baliga says it is unlikely that 8000 on the Nifty may hold. According to him the uptick seen in the market today could be a dead cat bounce.

Nandan Chakraborty overweight on private banks

Nandan Chakraborty of Axis Capital is overweight private banks.

Nandan Chakraborty overweight on pharma space

Nandan Chakraborty of Axis Capital is overweight on pharma space.

See growth pick up from Q1CY16; bullish telecom: Axis Cap

Nandan Chakraborty of Axis Capital is bullish on the market over the next six months on expectations of economic recovery. However, he doesn't see bank recapitalisation anytime soon.

Liquidity not a concern; EPC cos to see max gains: Axis Cap

Nandan Chakrabarty, managing director- institutional equity research, Axis Capital, says engineering, procurement and construction (EPC) businesses are likely to see maximum gains while US growth related sectors, like pharma and IT will rally the earliest, but not the most.

Choose stocks carefully; positive on banks, auto: Axis Cap

Stating that reforms in India are more about co-ordination, Nandan Chakraborty of Axis Capital, said that induction of good ministers in Cabinet will speed up the process.

Watch experts talk on market momentum

Watch the interview of Vetri Subramaniam, Chief Investment Officer at Religare Invesco Mutual Fund and Nandan Chakraborty, MD-Institutional Equity Research at Axis Capital with Udayan Mukherjee & Sonia Shenoy on CNBC-TV18, in which they shared their reading and outlook on market.

October will set near-term tone for mkt: Axis Capital

Nandan Chakraborty of Axis Capital believes that October will set the near-term tone for the market. The couple of triggers which he is looking out for is the spending in the festive season and some bold reforms likely especially in the oil and gas space after the Maharashtra and Haryana elections. That can actually set the tone in the near-term.

Strong PM will attract FIIs; bullish on pharma: Axis Cap

market is likely to remain range bound in the run-up to elections as investors are largely neutral on India, says Nandan Chakraborty.

Nandan Chakraborty neutral to underweight on banking space

Nandan Chakraborty, MD-Instl Equity Research at Axis Capital has a neutral to underweight stance in the banking space from an overweight position earlier.

Betting on large cap IT, vice industry, pharma: Axis Cap

Nandan Chakraborty sees the global liquidity scenario remaining benign even as there are concerns about Fed cutting down on monthly bond purchases, and this resulting in a liquidity crunch.

Markets to remain rangebound up to elections: Axis Capital

Markets likely to be rangebound up to the elections, driven by growth & electoral anxiety, says Nandan Chakraborty of Axis Capital.

See 15% returns from mkt if rupee stabilises: Axis Capital

Nandan Chakraborty of Axis Capital advises investors to stay with defensive sectors like IT and Pharma and prefers export related rural themes for the short term.

Market reversal still far away, prefer pharma, IT: Axis Cap

Nandan Chakraborty of Axis Capital is certain the impending elections will prevent the government from taking any definitive steps to tame the rupee; hence the onus is on the Reserve Bank to come forward.

FMCG, auto earnings to be weak; see no rate cut: Axis Cap

Axis Capital's Nandan Chakraborty sees disappointment for the first quarter earnings of FY14. he, however believe things are likely to be better in the quarters ahead.

Market environment to be weak in FY14 & 15: Axis Capital

Nandan Chakraborty of Axis Capital expects a weak environment for FY14 & 15 and the rupee could continue to depreciate next year.

Capital goods will perform on capex push: Axis Cap

Nandan Chakraborty of Axis Capital says, I am looking at a real bull run immediately after elections. This year it is difficult to forecast a bull market but I cannot forecast a bear market either.