Siddhartha Sanyal, Chief Economist & Head-Research, Bandhan Bank, says there is no urgency on the part of the government or the finance ministry to cut down their projected fiscal deficit or the borrowing number at this moment, possibly they can afford to take a call on that at a later date. But in general, with … Read more
Hemang Jani, Independent Market Expert, considers defence and railways as purely momentum plays and says that maybe it will last up to whatever it has to last because we never thought one year back that some of the PSU stocks could go up by 10, 15, 20, or 30 times. So, the momentum can surprise … Read more
Santanu Sengupta, Chief India Economist, Goldman Sachs, says India’s public debt to GDP at 80% plus is one of the highest among EMs. So though India has had high growth, over a period of time. that debt to GDP number needs to consolidate below 80% and probably get closer to 75%. That is why the … Read more
Hemang Jani, Independent Market Expert, says both in India and the US, the markets have run up quite sharply. There is an incremental upside because these developments may be not very significant and we have to be slightly more careful because the market is pricing in the best-case scenarios and incremental news flow in terms … Read more
C Vijayakumar, CEO & MD, and Prateek Aggarwal, CFO, HCL Tech, in conversation with ET Now. Vijayakumar says that in Q4, HCL did about $2.3 billion booking, in Q1, HCL did a $2 billion booking. They expect all the verticals and geographies, except financial services to sequentially grow in Q2. The CEO & MD is … Read more
Swarnendu Bhushan, Co-Head of Research, Prabhudas Lilladher, says over the next two to three years Oil India will be giving a sharper production growth in both oil and gas compared to ONGC where although they have commenced production from KG-DW N-98/2, crude oil and gas production both are falling. Even April and May data show … Read more
Rakesh Rawal, CEO, Anand Rathi Wealth, says it is easier to get flows when market sentiment is backed by investor confidence. When there is a little bit of turmoil, then more efforts are needed to build confidence and the past has shown that extra efforts do not change the direction of flows. So, yes, if … Read more
K Krithivasan, CEO & MD, Samir Seksaria, CFO, and Milind Lakkad, CHRO, TCS in conversation with ET Now. Krithivasan says: “We are in a happy situation with the results that we have got. We have never called out on the guidance or how things are going to be, but we have said that FY25 will … Read more
Ajay Bagga, market expert, says there will be one more data set for the Fed and probably the August data as well, before they meet on 18th September. It is better to wait and watch. They have been quite clear in saying that the whole thing is meeting to meeting data-driven. The big difference yesterday … Read more
Shibani Sircar Kurian, Senior EVP, Sr. Fund Manager & Head -Equity Research, Kotak Mahindra AMC, says from a market perspective, the earnings trajectory for FY25 and FY26 are still fairly intact, and mid-teens earnings growth in the context of almost 24% earnings growth for Nifty last year which is FY24 is a very good outcome. … Read more
