"The US Government policies are encouraging manufacturing and unemployment remains at low levels. Hence, inflation is likely to remain higher for longer in the USA versus history," Satish Ramanathan, Chief Investment Officer - Equity at JM Financial Asset Management.
Railway capex will continue to be a big theme for the foreseeable future, as there has been several years of under investment.
Corporate India has been better prepared to face COVID phase 2 than before. However, demand could again regress as the pent-up demand that we saw after the first phase of COVID may not materialize. In fact, there might be some cutbacks, says Ramanathan.
Ample liquidity helps lubricate the economy which can have multiple levels of positive growth. So, in a way markets and economy feed off each other when there is ample liquidity, says Ramanathan.
Satish Ramanathan, market analyst is of the view that one may prefer Coromandel International.
Satish Ramanathan, market analyst has a positive view on pharma, healthcare and agricultural sector.
Market analyst Satish Ramanathan likes pharma, agricultural and IT companies and expects public sector banks to perform better than private banks.
Satish Ramanathan, Market Analyst is of the view that WABCO India and TVS Motor Company to outperform on the back of the recovery in commercial vehicle cycle.
Satish Ramanathan, Market Analyst has a positive view on the pharma sector.
Ramanathan is also bullish on cement space and auto ancillaries. Among autos, he likes Hero MotoCorp, Maruti Suzuki and Tata Motors.
PSU banks have not created enough provisions on their restructured assets as yet and unless more clarity emerges on that front, PSBs would be structurally negative story, Satish Ramanathan said.
Independent Market Analyst, Satish Ramanathan is of the view that one may prefer ING Vysya Bank.
Satish Ramanathan, Independent Market Analyst is underweight on banks.
Satish Ramanathan of Independent Market Analyst suggests to buy IT stocks on correction.
Satish Ramanathan believes Nifty may see some more upside going forward. He is bullish on midcaps and expects them to outperform due to their attractive valuations, dividend yields.