“However, on the largecap side, the valuations are not so expensive. It is just about 5% or 6% higher than the historical averages. So, if you want to construct a portfolio, having a little bit of tilt towards largecaps is a better way to manage risk,” says Harsha Upadhyaya, CIO-Equity, Kotak AMC.Let us start with … Read more
Mumbai: Domestic mutual funds reduced their exposure to many public sector stocks in the March quarter following a sharp rally in the pack over the past year. Of the 25 public sector undertakings (PSUs) that published their shareholding for the March quarter, 11 saw a decline in mutual fund holdings, while only three stocks saw … Read more
Mahantesh Sabarad, Independent Market Expert, says the market expects a continuation of the government and better monsoon forecast. If these two things happen, there will be solid earnings growth. We might expect a little bit of moderation in valuation, but the market momentum will not get disturbed and will not see a great fall. We … Read more
Mahantesh Sabarad, Independent Market Expert, says “the way the IT sector has fallen suggests that probably much of the negative news is already factored in and there is nothing much to look forward to in terms of further negative news. If that is the case, there will be a sigh of relief that will come … Read more
Saion Mukherjee, MD & Head-Equity Research, Nomura, says: “As we look forward to the medium term, both economic growth rates and earnings growth rate should be quite resilient. In fact, we are talking about how 12-17% earnings growth in the medium term for India is very much possible. we are constructive in that sense and … Read more
Shibani Sircar Kurian, Senior EVP, Sr. Fund Manager & Head -Equity Research, Kotak Mahindra Asset Management, says “We are not expecting to see any major earnings downgrades. But if you look at the first half of the year, in terms of earnings, the first half of the year has been extremely strong. And from that … Read more
