EXPERTS VIEW
What made Nomura turn bullish on Indian IT sector? Abhishek Bhandari answers Nomura's bullish stance on Indian IT credits G2000 data stabilization, benefiting midcaps like Persistent, Coforge, and Birlasoft. Wipro's new CEO Srini stabilizes leadership and growth. Discretionary cuts stabilize; US rate cuts expected. Coforge-C...
04 Jul, 2024, 04.28 PM ISTWhy has Kotak re-initiated inflows into smallcap fund? Harish Bihani explains There is FOMO in certain sectors and themes across caps and not only in smallcaps. Harish Bihani thinks there is scope for identifying ideas and deploying large sums of money in the smallcap category. The probability of any event specific to India d...
04 Jul, 2024, 03.31 PM ISTGokaldas Exports MD on PLI scheme, export growth and organic growth expected in ‘24 Gokaldas Exports focuses on women's fashion, outerwear, and sportswear. They will continue to focus on those segments and are seeing growth across all of these product categories.A 15% growth should be possible organically, that is how the company m...
04 Jul, 2024, 01.56 PM IST- ADVERTISEMENT
Market can only go up now irrespective of Budget. Here's why The Street has discounted the defence manufacturing stocks too much into the future. Even the earning visibility has been discounted. It is a fast-moving train; it does not make sense to get onto that train at this point. There are many choices when...
04 Jul, 2024, 12.40 PM ISTSit & take the ride; don’t be too impatient to get off the real estate train: Anshul Saigal If you are a safe investor and do not like volatility, then clearly the high-quality private banking space is well-suited for you the reason being that some of those private sector banks have also not performed in recent times and price action has b...
04 Jul, 2024, 11.41 AM ISTAfter a broad-based rally, it's time to be stock-specific: Anshul Saigal The market rally calls for a stock-specific approach with caution due to high valuations, says Anshul Saigal of Saigal Capital. FMCG companies focusing on rural markets may present opportunities. IPOs are viewed with skepticism, suggesting a wait-an...
04 Jul, 2024, 11.11 AM ISTWhy can your insurance claim get rejected & how to avoid it? All health insurance policies have a life-long renewal clause which the regulator has mandated. They cannot be rejected and your pricing cannot go up purely because you have a condition right now. So, certain benefits are inbuilt and benefits that t...
04 Jul, 2024, 10.29 AM ISTIs it time to start buying IT stocks? Macquarie’s Ravi Menon explains The IT sector anticipates growth is being driven by AI and enterprise technology spending amid concerns over interest rates and consulting demand. Companies like Tata Technologies are facing valuation challenges in the engineering services segment, ...
03 Jul, 2024, 05.22 PM ISTCan the bull run continue or should you be concerned? Ajay Khandelwal explains Ajay Khandelwal says expecting between 5% and 7% earning growth in large-cap IT companies, but certain businesses in midcap IT will grow even more than 15% to 20%. At this point, we have allocation in our large and midcap and our multi-cap. But in t...
03 Jul, 2024, 03.57 PM ISTWhat is the value proposition of a CNG bike vs EV & ICE models? Bajaj Auto’s Rakesh Sharma answers An average customer earning Rs 30,000 to Rs 40,000 per month can expect to save about Rs 1,500 per month by using CNG as a fuel. Also, CNG, while still a carbon-based fuel, has far less carbon content, and to that extent, it is much more beneficial ...
03 Jul, 2024, 02.43 PM ISTShould you deploy fresh money and ideas with Sensex@80K? Aman Chowhan answers A clear avoid now will be companies with too much hype and euphoria, and maybe some segments within the different spaces where valuations have gone crazy, says Aman Chowhan. Some of the consumer names are trading north of 70-80 PE, which is also a c...
03 Jul, 2024, 01.16 PM ISTSebi diktat: Big impact if brokerages do not change their revenue model: Ajay Kejriwal The Sebi diktat on differential offerings could impact profit in the range of say 2% to 5% minimum to up to 30%. So, depending on the brokerage model, what they are offering, and what kind of model they are retaining. So the brokerage houses will ha...
03 Jul, 2024, 10.19 AM ISTStay invested, and buy more; there will be more legs to this rally: Varun Saboo There can be a little bit of time correction, and then earnings growth will catch up. Varun Saboo of Anand Rathi Share is still positive on a defence theme or railways theme, etc, which was going around all the time. He does not see any change in th...
03 Jul, 2024, 08.11 AM ISTFinancials & utilities are the cheapest sectors; IT overpriced: Neelkanth Mishra Neelkanth Mishra highlights undervalued financial and utility sectors compared to the overpriced IT sector. The Budget is expected to focus on rural support and fiscal prudence, with emphasis on Viksit Bharat 2047 initiatives. However, GDP growth ma...
03 Jul, 2024, 08.00 AM ISTIdea of Kotak as a party to Hindenburg’s Adani shorting strange and almost unbelievable: Shriram Subramanian Shriram Subramanian gives his opinion on the saga involving Kotak Mahindra Bank, Hindenburg Research, and Sebi deepens with the emergence of a show cause notice and the potential for parallel investigations. Details reveal suspected violations, offs...
02 Jul, 2024, 03.41 PM ISTTough to sustain GDP growth above 7.5%; time-wise correction in market likely: Neelkanth Mishra As mutual funds are sitting with Rs 1 lakh crore of cash, whenever there is a 4-5% drop from the peak, there is a spate of buying. So equities as an asset class are not seeing sharp drawdowns and in the short term make it safer to invest in and attr...
02 Jul, 2024, 02.17 PM ISTIs a big boost to power financiers likely in Budget? Deven Choksey answers Reliance Jio's strategic timing aligns with 5G advancements and tariff adjustments, poised to boost revenue and shareholder value. The company's emphasis on EBITDA margin growth and potential IPO plans suggest a positive outlook for unlocking shareh...
02 Jul, 2024, 11.45 AM ISTCould IT make a meaningful comeback in Q1? Deven Choksey explains Deven Choksey highlights the importance of sticking with larger banks for business growth and emphasizes the positive outlook for IT companies. Additionally, L&T's promising future is underlined by margin expansion and improved execution. Choksey fu...
02 Jul, 2024, 10.59 AM ISTPotential for huge NRI money coming into India via GIFT city: Bhavin Shah “We have investments in large private sector banks, some regional private sector banks, NBFCs, MFI, microfinance, wealth management, life insurance, so pretty much across the board. We continue to find a large number of stocks that are still reasona...
02 Jul, 2024, 08.00 AM ISTIndia's entry into JPMorgan Bond Index set to benefit real estate & manufacturing: Abhishek Banerjee Analyzing India's economic shifts from surplus to GDP growth projections, Abhishek Banerjee says the focus lies on potential impacts on export sectors and bond markets, indicating promising growth opportunities in the economy. While India's increase...
28 Jun, 2024, 07.21 PM IST