We are also positive on staples & FMCG like Colgate-Palmolive. Pharma & Chemicals also has a positive outlook in which Torrent Pharma and PI Industries are our top pick in the model portfolio.
We had suggested increasing the mix of quality mid & small cap at the start of the year based on a promising outlook for 2020. This is unlikely to happen soon as the economy will have to bear a recession.
The finance sector is likely to outperform due to NPA resolution and reduction in the interest cost. Cyclical like metals and industrial will do better due to improvement in global and the domestic economy, says Vinod Nair of Geojit Financial Services.
We also like FMCG, agriculture, consumer staples & durables, writes Vinod Nair of Geojit Financial Services
Vinod Nair, Head of Research at Geojit Financial Services picks 3 stocks that are expected to give healthy returns in the next 1-2 years
Exclusive interview of Vinod Nair, Head Of Research at Geojit Financial Services to Kshitij Anand of Moneycontrol.
We have a target of 32,000 for Sensex by March 2018, which is flat compared to current level.
Vinod Nair of Geojit Financial believes that Q4 numbers have been good for the broad economy.
The Reserve Bank of India stepped in to cap broader gains in the rupee, traders said, adding that some of the gains were also due to the strong $6.1-billion foreign investment into debt and equities this month.
Overseas investors have pumped in over Rs 14,600 crore into the Indian capital markets this month so far, enthused by clarity on FPI taxation.
The Budget-induced optimism got a leg to stand on as the Sensex today pushed higher for the fourth day by scoring 199 points to close at 28,439 -- a 4-month high -- after hopes built up that RBI might go in for a rate cut at the Wednesday's policy meet.
Investor wealth surged by Rs 1.54 lakh crore on Monday, driven by a strong rally in stock market where the BSE Sensex jumped 500 points supported by positive global cues after a solid US jobs data.
Foreign investors dumped shares worth Rs 178 crore in the first two weeks of May as worries over global economy and amended Indo-Mauritius tax treaty hurt the sentiment, reversing the last two months' bullish trend.
After pulling out hefty funds from the capital market over the past two months, overseas investors have turned net buyers in October so far and pumped in over Rs 2,000 crore, buoyed by RBI's 50-bps rate cut and an expected delay in rate hike by the US Federal Reserve.
It was a momentous occasion when Amity University, reckoned for its progressive approach, signed a MoU with Bombay Stock Exchange (BSE) Institute ...