The markets consolidated throughout the past week; the week was a shortened one with Monday, June 17, being a holiday on account of Bakri Eid. The past five sessions saw the markets staying in a capped range throughout the day. Even when the Nifty kept marking incremental highs, the intraday trend remained practically absent. The … Read more
“FMCG and IT stocks are often considered defensive investments, providing a cushion against market volatility,” says Vipul Bhowar, Director – Listed Investments, Waterfield Advisors. In an interview with ETMarkets, Bhowar said: “Both sectors today offer valuation comfort compared to their historical valuations, but growth seems to be a few quarters away,” Edited excerpts:Will fiscal prudence … Read more
“Given the development of Indian stocks, we predict that most FIIs will eventually return to the market with larger investments because they will feel a sense of FOMO,” says Sorbh Gupta, Senior Fund Manager – Equities, Bajaj Finserv AMC. In an interview with ETMarkets, Gupta said: “India is a long-term story with solid economic expansion … Read more
“Most investors are best served by investing into diversified equity funds, where fund managers will express their conviction on sector/themes stocks, with graded underweight/overweight calls,” says Kaustubh Belapurkar, Director – Manager Research, Morningstar Investment Research India Private Limited. In an interview with ETMarkets, Belapurkar said: “Don’t sell in panic, equity markets are a great long … Read more
“Healthcare as a sector could turn out to be the dark horse in FY25,” says Aditya Khemka – Fund Manager, InCred Asset Management. In an interview with ETMarkets, Khemka said: “One could allocate higher capital to relatively smaller companies which are reasonably valued and would likely participate meaningfully in the Indian growth story,” Edited excerpts: … Read more
“A single party or coalition getting more than 272 seats to form a stable government is crucial. If we look a week ahead and consider the steady inflows from domestic investors, they’re already favoring a stable government,” says Vinay Jaising, JM Financial. Firstly, let’s discuss the market volatility we are seeing just ahead of the … Read more
Ever since voting for Lok Sabha elections began on April 19, foreign institutional investors (FIIs) have sold Indian stocks worth around Rs 37,700 crore, translating into an average daily sell-off of Rs 1,800 crore in the last 21 trading sessions. Reflecting the increased nervousness on Dalal Street on the probable outcome of Lok Sabha election, … Read more
Synopsis There cannot be any doubt about volatility on the street, both as reflected by advance decline ratio or the kind of movement we see in nifty and other sectoral indices, one day down another day up to third day to fall again. Amid the current market downturn, the key question arises: will this correction … Read more
