Stating that the outlook for the sector looks strong ahead, domestic brokerage firm Motilal Oswal has picked LIC, HDFC Life, SBI Life, ICICI Prudential Life and Max Financial Services as its top choices with an upside potential of up to 25%. The life insurance sector has experienced a series of regulatory and taxation changes (ULIP … Read more
“So, the transition from unbranded to branded is happening pretty fast. Under the circumstances, I think one needs to look at Raymond Lifestyle, which is going to get listed in the near future, because it is more than double the size of the next player which is Vedant Fashions, Manyavar,” says Sudip Bandyopadhyay, Group Chairman, … Read more
For those worried about buying stocks in an expensive-looking market, sector rotation can be an effective money-making strategy, according to Mohammed Abrar Asif, Co-CEO of Riyadh-based Hades Financial Private Capital Group. “This involves reallocating investments from overvalued sectors to those with more attractive valuations. For example, while IT and Financial Services have seen significant run-ups, … Read more
Metal stocks were among the top gainers in Monday’s trading session on perceived moderate valuations, and after New Delhi initiated an anti-dumping probe on Vietnamese hot-rolled coil (HRC) imports. The Nifty Metal Index gained 1.87% while the benchmark Nifty advanced 0.13% on Monday. National Aluminium surged 4.35% on Monday followed by Hindalco which gained 4%. … Read more
Samir Arora, Founder, Helios Capital, says we cannot let go of pockets of flow by just believing that we are getting Rs 20,000 crore a month. The SIP numbers are good, but they are not what you think are. The actual net flows are not Rs 20,000 crore or more per month, they are only … Read more
Smart money has recently shifted toward fast-moving consumer goods (FMCG) and consumption-related shares, with global macroeconomic volatility in the shape of weak US economic data, a declining Yen, and rising geopolitical tensions dulling the allure of growth and momentum stocks. However, money managers and analysts see limited short-term upside for FMCG stocks due to high … Read more
ET Intelligence Group: The share of assets under management (AUM) by midcap funds has surpassed that of large-cap funds by 0.6 percentage point, the most on record, as per data from the Association of Mutual Funds in India. Midcap funds constitute 12.9% of the total equity AUM, compared with 12.3% for their large-cap peers. Now, … Read more
Pramod Gubbi, Co-founder, Marcellus Investment, says there are pockets of reasonable valuations within the market or if they are fairly valued, there is enough predictability in terms of earnings growth. That is what a discerning investor should do. We have to work with the constraints that the market has provided.Amidst all the chatter about high … Read more
Based on the consensus expectations, Jitendra Sriram, Senior Fund Manager, Baroda BNP Paribas Mutual Fund, expects the market may be marginally disappointed with the earnings in the current quarter. “While the consensus earnings for FY2024-25 are in the low teens, we expect the growth to be more in 2H,” he said, explaining that elections and … 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
