With the stock market experiencing fluctuations in a highly volatile environment, mutual fund investors find themselves in confusion on how they should proceed with their investments. On one hand, there is a fear about a potential correction in the market as that is already at high levels. On the other hand, the bullish phase of … Read more
“Mutual fund figures for I think the last month are still to come out, but they should be healthy. So, there are flows into mutual funds, PMS, AIF, etc. So, I think that keeps the market buoyant. On the other hand, we are also seeing huge supply these days, like on a daily basis now … Read more
While admitting that the market is an overvalued state, Shreyash Devalkar, Head Equity, Axis Mutual Fund, says normalisation will happen in due course. “It is increasingly tough to buy stocks at reasonable valuations, however, given the earnings upgrades in the last few quarters, most stocks have re-rated,” he says. Edited excerpts from a chat: When … Read more
“And we are now standing at 50-day moving average, which comes at 23,850 and we made the low around those levels 23,900 on Nifty futures, so that is the important support for the market. It is very difficult to conclude whether markets will go up or down because it is a news driven environment,” says … Read more
Neelkanth Mishra, Chief Economist, Axis Bank & Head of Global Research, Axis Capital, says there is a big gap between demand and supply and if we can get urban infrastructure investment to accelerate in the next five years, then potentially we can do a 7.5-8% growth. That is an area where if we invest, it … Read more
Sandip Sabharwal, asksandipsabharwal.com, says “the markets have corrected and people are correlating it to what might happen in the election. I do not think that is the right way to do it. I think markets fall under their own weight when they become overweight. So, the Indian market became overweight and is correcting a bit. … Read more
With Nifty and Sensex trading close to all-time peak levels, Vinit Sambre, Head-Equities, DSP Mutual Fund, says there are looming risks to earnings growth over the upcoming quarters, primarily due to persistently weak consumption trends and the possibility of reduced government spending during election periods. “Given the elevated expectations and rich valuations, there is no … Read more
While the underlying market sentiment remains bullish, it’s important for investors to balance the excitement around new market highs with the potential risks related to geopolitical concerns, especially when valuations offer a lower margin of safety, says Neeraj Gaurh, fund manager, Axis Securities. “Despite the strong outlook for our economy, we believe that markets can … Read more
