Given the cautious outlook, Rahul Arora recommended diversifying holdings into gold, which may prove to be a strong hedge against the ongoing market volatility and uncertainty.
Strong order books, geopolitical shifts, and solid financial performance underpin Nirmal Bang Equities' conviction in these stocks.
Nifty’s recent dip below 22,000 aligned with the widely-held expectation of the correction bottoming out. However, quarter-end NAV management, insurance flows and year-end portfolio adjustment could influence the trend, Rahul Arora said.
Budget 2024: "I think prima facie hiking the rates is negative, but I think the way the market has reacted from the day's is low is telling you that people are ready to buy into equities," says Rahul Arora.
Nirmal Bank Institutional Equities is also positive on growth in the insurance sector going forward, picks ICICI Pru Life, SBI Life, Max, and HDFC Life.
At McAfee, Arora will report to Sanjay Manohar, managing director, McAfee India.
In an interview to Prashant Nair and Ekta Batra, Rahul Arora of Nirmal Bang Institutional Equities shared his views on the fundamentals of the market and the outlook going forward. He also spoke about specific stocks and sectors.
In an interview to CNBC-TV18's Prashant Nair and Sumaira Abidi, Rahul Arora, CEO at Nirmal Bang Institutional Equities shared his readings and outlook on market and specific stocks.
Speaking to CNBC-TV18, Rahul Arora said the current valuations of IT companies do look compelling but the return on investor capital has come down substantially. Not only is the basic business model being challenged but the topline growth has also been subdued, which is why Nirmal Bang has a sell call on IT, he said.
While there is a lot of noise regarding upcoming elections and cash crunch impacting market, the main mover of market remains earning, Rahul Arora, CEO of Nirmal Bang. Market earnings have grown at a 5 percent compounded annual growth in last six years.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Rahul Arora, CEO, Nirmal Bang Institutional Equities and Abneesh Roy, Associate Director of Edelweiss Securities shared their readings and outlook Jubilant Foodworks. Rahul Arora also spoke on various stocks.
Market experts expect Jubilant FoodWorks CEO Ajay Kaul's exit to affect the stock‘s performance on Tuesday when the trading begins.
In an interview to CNBC-TV18, Rahul Arora of Nirmal Bang Institutional Equities shared his readings and outlook on specific stocks and sector.
In an interview to CNBC-TV18, Rahul Arora, CEO of Nirmal Bang Institutional Equities shared his readings and outlook on specific stocks and sector.
Rahul Arora, CEO at Nirmal Bang Institutional Equities recommends buying V-Guard Industries.
In an interview to CNBC-TV18's Ekta Batra and Anuj Singhal, Rahul Arora of Nirmal Bang Institutional Equities shared his readings and outlook on market and specific stocks.
Rahul Arora, CEO at Nirmal Bang Institutional Equities is of the view that one can buy Swaraj Engines.
Rahul Arora, CEO at Nirmal Bang Institutional Equities recommends buying Maruti Suzuki.
Rahul Arora, CEO at Nirmal Bang Institutional Equities is of the view that one may prefer Apar Industries.
Watch the interview of Rahul Arora, CEO, Nirmal Bang Institutional Equities with Reema Tendulkar & Anuj Singhal on CNBC-TV18, in which he shared his reading and outlook on market fundamentals and specific stocks and sectors.
Watch the interview of Rahul Arora, CEO at Nirmal Bang Institutional Equities with Ekta Batra & Anuj Singhal on CNBC-TV18, in which he shared his readings and outlook on the market, specific stocks and sectors.
Rahul Arora, CEO at Nirmal Bang Institutional Equities recommends buying Jubilant Foodworks.
Rahul Arora, CEO at Nirmal Bang Institutional Equities is of the view that one can buy Lakshmi Machine Works.
Rahul Arora, CEO at Nirmal Bang Institutional Equities is of the view that one can buy Colgate Palmolive and Procter and Gamble Hygiene and Health Care.
Watch the interview Rahul Arora, CEO at Nirmal Bang Institutional Equities with Latha Venkatesh & Anuj Singhal on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.