With valuations of stocks related to the investment cycle and policy reforms capturing the near term potential, Sailesh Raj Bhan, CIO – Equity Investments, Nippon India Mutual Fund, suggests investors can also consider alternatives in large banks, IT and QSR.“Cyclical themes like manufacturing, industrials trade at higher premiums with high growth expectations and low room … Read more
“So, given that kind of environment, I believe that Indoco Remedies is a stock which is going very cheap, available at cheap valuations and the management is pretty well embedded in the business, they have been around for 30 years,” says Vinit Bolinjkar, Ventura Securities.A view on the pharma space in AstraZeneca, Lupin, Laurus, Zydus … Read more
Synopsis Every now and then the nifty keeps witnessing volatile movement, the difference this week was amidst all the intraday volatility because the bias of volatility has changed, nifty was able to touch a new high. Also because market breadth was positive, the trend for the majority would be bullish. Given the fact that macros … Read more
The share of mid-cap and small-cap companies in India’s total market value hit the highest level in May, boosted by the unabated appetite for these shares among domestic investors. This, however, warrants caution, said fund managers, who warned that the sharp run-up in these shares may be excessive for now. According to a study by … Read more
Hyundai Motor India Ltd.’s plan for one of India’s largest share sales may further boost valuations for the nation’s already-buzzing automakers. The listing may value the South Korean carmaker’s Indian unit at $25 billion, Bloomberg News reported previously. That would make it the nation’s fourth biggest automaker by market value, a milestone analysts say bodes … Read more
Mid-cap and small-cap indices have been on a blistering run so far in 2024, breaking new records and defying cynics. But beneath the surface, the optimism may not be as widespread as the benchmarks show. In the Nifty Midcap 150 and Smallcap 250 indices, 20 stocks have contributed to roughly 50% of the respective index’s … Read more
Investors looking for safer bets on Dalal Street could consider HDFC Bank but they would be better off putting money in the stock in installments over the next few months. This is because the stock, despite cheaper valuations compared to its historical levels, could linger at these levels in the absence of visible triggers, said … Read more
“Do not be too aggressive in how your portfolio is constructed. That is our broad tone. There are multiple reasons for it. And if you go through why India has done well over the last four-five years and pretty much from COVID to now, the key reason we think is it is a combination of … Read more
Rajiv Batra, Head of Asia Pacific ex JP/CN, Equity Strategy and Head of India & Southeast Asia Equity Strategy, JPMorgan, says if one assumes policy continuity as the present dispensation is expected to come back to power, then one should keep positioned in a barbell manner. Invest in some safe and secured sectors like healthcare … Read more
Harsh Gupta Madhusudan NSE Gift City, says FIIs have been unable to topple the Indian market and as soon as the FII headwind becomes a tailwind, that is where the real equity party in India will begin. For that to happen, it is just a matter of a few months at most because it is … Read more
