Despite the weak first-half performance on the cards, Pratik expects earnings momentum to pick up meaningfully in the second half
Pratik Gupta, head of equities, Deutsche Equities India says there has been a sea change in sentiment, especially in the FII community. He is bullish on the Indian market. "India may attract significant inflows, if reforms continue. Our Sensex target for the year-end is 20,000," he adds.
Tie-Mumbai's helps entrepreneurs to get into social media
Marketmen are keenly watching whether the government will announce policy reforms such as increase in diesel prices, allowing foreign investment in aviation and retail sectors.
Pratik Gupta, Head of Equities at Deutsche Equities shares his view on auto space. He also says there are issues like demand, currency and now one has this fear about the petrol and diesel disparity assuming the diesel price hike is not substantial enough.
Though the government is pulling up measures to support the weak rupee and sliding market, the petrol price hike is little that can boost sentiments. IOC , BPCL and HPCL have hiked petrol price by Rs 6.28 per litre, including sales tax, the hike adds up to Rs 7.50/litre.
The Indian market has seen an almost 20% spike since the beginning of 2012. Pratik Gupta, Head of Equities - Deutsche Equities India tells CNBC-TV18 he sees consolidation taking place in Indian equities in the near-term.
Pratik Gupta, Head - Deutsche Equities India is underweight on FMCG and pharma.
Pratik Gupta, Head of Equities at DB Group is neutral on the infra sector but longer-term on one-two year view this is one sector long-term investors must be investing in.
The Reserve Bank of India is likely to hike interest rates in its forthcoming mid-quarter review of the policy on March 17.
Pratik Gupta, Head of Equities at DB Group is underweight on real estate, cement space.