During phases when there are no returns, having an investment in a multi asset fund could be the best bet, says Kapoor
Earnings growth and variability of earnings remains the key risks to markets.
Budget 2023: Government’s capex spending and borrowing calendar will be the critical areas to focus on, according to market experts and fund managers
Q3FY23 is likely to be flat with many firms still passing on the input price rise from earlier quarters. Over the next two quarters, corporate margins may bottom out and see improvement which could support earnings.
The companies which were able to rationalise cost may show some stability emerging in the bottom-line but sales are likely to see a continued impact from COVID-led disruption.
We believe Nifty (LTP 11,220) would look attractive once the recent wave of correction takes it closer to its average valuation of 16.5 times of FY22 which would be in the range of 10,000 to 10,300.
In terms of domestic valuation, Nifty is trading at 19 times FY22 earnings which don’t leave a lot of margin of safety.
Long term investors should stay invested and practice a buy on dips strategy. At this juncture, investors may want to sell-off underperformers and switch to market leaders across industry segments.
When rate cuts fail to bring down the entire yield curve the policy decision needs to front-load ammunition to achieve the desired goals. Monetary policy has to shift to principles of inclusion and not selectivity.
Investors could see a sentiment shift once clarity and confidence emerge, of things getting under control, as markets are already offering lucrative valuations
Those with a fresh investible surplus should keep adding small staggered amounts to their portfolios. We are advising investors to add between 5% to 10% every week, starting now.
Timing this market through F&O, hoping for a bottom is futile. Trading probably makes sense through sound professional advice from our desk, but with low leverage and strict risk assessment and management.
In the recent monetary policy meeting conducted on February 8, RBI Governor Urjit Patel said that one of the main reasons for not cutting the policy interest rates is core inflation being sticky.
Watch the interview of Kunal Bothra of LKP Securities and Sahil Kapoor of Edelweiss Broking with Reema Tendulkar & Mangalam Maloo on CNBC-TV18, in which they shared their reading and outlook on market, specific stocks and sectors.
Watch the interview of Amit Harchekar of A Plus Analytics and Sahil Kapoor of Edelweiss Broking with Reema Tendulkar and Mangalam Maloo on CNBC-TV18, in which they shared their reading and outlook on market technicals and Futures and Options (F&O) side of the market respectively as well as specific stocks and sectors.
Watch the interview of Ashwani Gujral of ashwanigujral.com and Sahil Kapoor of Edelweiss Broking with Reema Tendulkar and Mangalam Maloo on CNBC-TV18, in which they shared their reading and outlook on market and specific stocks.
Watch the interview of Ashwani Gujral of ashwanigujral.com and Sahil Kapoor of Edelweiss Broking with Ekta Batra and Mangalam Maloo on CNBC-TV18, in which they shared their reading and outlook on market technicals and Futures and Options (F&O) side of the market respectively as well as specific stocks and sectors.
Watch the interview of Sahil Kapoor of Edelweiss Broking and Chandan Taparia of Anand Rathi Securities with Reema Tendulkar & Mangalam Maloo on CNBC-TV18, in which they shared their reading and outlook on market technicals and Futures and Options (F&O) side of the market respectively as well as specific stocks and sectors.
Watch the interview of Chandan Taparia of Anand Rathi Sec and Sahil Kapoor of Edelweiss Broking with Reema Tendulkar & Mangalam Maloo on CNBC-TV18, in which they shared their reading and outlook on market and specific stocks.
Sahil Kapoor of Edelweiss Broking recommends shorting CESC with a target of Rs 450.
Watch the interview of Sahil Kapoor of Edelweiss Broking and CA Rudramurthy BV, Research Head, Vachana Investments with Reema Tendulkar & Mangalam Maloo on CNBC-TV18, in which they shared their reading and outlook on market and specific stocks.
Sahil Kapoor of Edelweiss Broking is of the view that one may prefer Siyaram Silk Mills.
Sahil Kapoor of Edelweiss Broking is of the view that one may see 30-35 percent upside in Jamna Auto Industries.
Sahil Kapoor of Edelweiss Broking is of the view that one may look at Natco Pharma.
According to Sahil Kapoor of Edelweiss Broking, one may see 30-35 percent upside in United Spirits in 2016.