Sanjay Mookim

Investors lose nearly Rs 2.69 lakh cr wealth; 5 factors weighing on markets

The Nifty50 slipped below its 100-days exponential moving average (DEMA) placed at 10,400. A fall below 10,200 could stretch the decline towards 10,000 levels which is closer to its 200-DEMA.

Sanjay Mookim sees Sensex at 32K by Dec; advises avoiding midcaps, sticking with low PE stocks

During market correction such as this, it is the lower PE stocks will work better, relatively. In other words, they would fall less as compared to other High PE stocks.

Retain cautious stance with December Sensex target at 30000: BofAML's Sanjay Mookim

Mookim feels there is little room for further upside, while market is susceptible to reversal of the global tide.

Stay cautious with Sensex December 2017 target of 30,000: Sanjay Mookim

The market is expensive and the breadth of re-rating is extraordinary, Sanjay Mookim of Bank of America Merrill Lynch said.

Mr Investor, are you listening? There is enough room for Sensex to come down

The euphoria is hard to miss but there's another factor that investors should not ignore - hope.

Need cos to start delivering on growth; see Sensex at 29K by Dec: Sanjay Mookim

“In the near term, the ride through the earnings season will be very bumpy. Even in the March quarter, I expect some heartburn. I need companies to start delivering on growth again and is one area in which there is room for error in March quarter,” Sanjay Mookim, Director, India Equity Strategy at BofA ML told CNBC-TV18.

GST likely to disrupt economy during transition period: BoAML

Coupled with the residual impact of demonetisation, Sensex consensus earnings are likely to be cut by 6-8 percent over FY18-19, Sanjay Mookim says.

Monetary Policy: RBI may cut rates by 25 bps; CPI target keenly watched

All eyes will be on the Governor Urjit Patel's commentary on the inflation target and how he approaches the ultimate cpi goal of 4 percent.

Midcaps near all-time highs: How should you trade them now?

It has been a buoyant start to the year for Indian equities. Strong domestic flows, absence of any major negative surprises in the Budget and a general lack of alternative investment options have overshadowed the worry of demonetisation delaying earnings recovery.

Cash ban earnings impact may not have played out fully: BofA-ML

Apart from strong domestic fund flows, lack of alternative investments is driving the market higher according to Sanjay Mookim, Director, India Equity Strategy at Bank of America Merrill Lynch.

Expect Sensex companies to deliver robust profit growth: BoAML

Despite near-term GST disruption, Sanjay Mookim of Bank of America Merrill Lynch expects the Sensex to deliver robust profit growth and to achieve a 9 percent total return from here on.

Sensex December 2017 target at 29000: Sanjay Mookim

Within sectors, banks should dominate earnings growth, we stay with the well capitalised ones, says Sanjay Mookim of BofAML.

Banks to deliver good growth in FY19; underweight on IT: BofAML

Speaking to CNBC-TV18, Sanjay Mookim, Director â€“ India Equity Strategy at Bank of America Merrill Lynch said that FY19 will see banks delivering reasonable growth.

Add utilities, telecom, pharma, oil marketing companies: BoAML

Sanjay Mookim of Bank of America Merrill Lynch says the conservative portfolio now would look to add utilities, telecom and oil marketing companies. A more balanced outlook would be to add also to pharma and quality banks.

Ban on Rs 500, 1000 notes will formalise shadow economy: BofAML

The government's to ban on Rs 500 and Rs 1000 currency will have a negative impact on consumption in the country, says Sanjay Mookim, Director, India Equity strategy, Bank of America Merrill Lynch.

See earnings upgrade in consumer space on Kharif output:Deutsche

Abhay Laijawala of Deutsche Bank says with record Kharif output likely to give significant boost to rural consumption sentiment and other factors such as 7th Central Pay Commission also supporting aggregate demand in the economy, it will likely result in consensus upgrades to earnings of consumer and rural interfacing sectors and stocks.