MOFSL

Election Jitters! A 15-20% correction is okay, look beyond June 4: Experts

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Election Jitters! A 15-20% correction is okay, look beyond June 4: Experts

A 15-20% correction from current levels should not shake the confidence of investors and they should remain invested with a view beyond June 4, the day when the fate of the incumbent NDA government and the India alliance will be decided, experts opine. Post the event, the focus will get back to earnings, growth, and … Read more

PSU stocks: There is room for at least 20-25% upside in PSU stocks: Siddhartha Khemka

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PSU stocks: There is room for at least 20-25% upside in PSU stocks: Siddhartha Khemka

Siddhartha Khemka, Head-Retail Research, MOFSL, says “the quarterly results would be the next trigger for the market. In terms of overall valuations, we see that markets are comfortable, especially the large caps. The Nifty is trading at a one-year forward PE of 19-19.5, which is still at a discount to its last 10-year average of … Read more