GROWTH MOMENTUM
Are FIIs getting into a big buy mode in India? Dipan Mehta answers
On days of positive FII flows largecap stocks will do exceptionally well because those are the ones that they really are targeting and if FII buying, even FII selling, stops in some of the largecap index stocks, local money will ensure that the stock prices move up, says Dipan Mehta
Fund Manager Talk | PSU stocks in 3 sectors offer value for long-term investors: Charanjit Singh, DSP Mutual Fund
We expect the Government to remain focussed on infra investment even during the third term. Since FY21, the government has focussed on building infrastructure with central government expenditure rising from 1.7% of GDP in FY21 to 3.3% of GDP in FY24.
Vinay Paharia on 4 sectors that may provide good opportunities for solid returns
Now, in the last one year, we have seen a huge outperformance of companies in the low quality and low growth basket. It is in this space where the valuations have actually significantly re-rated and most of the companies are now trading at a materially higher level in terms of valuations compared to their longer-term averages.
Bajaj Auto looks to sustain domestic business momentum; recover export volumes
Bajaj Auto aims to sustain momentum in domestic business and expand production capacity for new ventures. Chairman Niraj Bajaj expects robust demand in FY2024, with a focus on recovering export volumes.
India's exports grew 1.1%, but trade momentum to continue: CRISIL
India's merchandise exports rose by 9.1% to USD 38.1 billion in May compared to last year, with a modest 1.1% increase from April, driven by both oil and non-oil sectors. Imports surged by 7.7% to USD 61.2 billion, mainly due to oil and core imports, widening the trade deficit to USD 23.8 billion.
Focus on reasonable valuations, avoid chasing momentum: Shibani Sircar Kurian
Our belief is that if you look at government policy and of course, we will get to know more in detail over the next few days and then going into the union budget. But the government in terms of policy focus would continue pretty much along the same lines as what was happening over the last few years over their last term.
- Go To Page 1
ETMarkets Smart Talk: Roads, railways, and defence should be in focus in Budget session of Modi 3.0
The sharp 6% fall in markets was a result of people expecting for a BJP majority based on the exit polls, with the actual results turning out to be a black swan event.
Asian earnings growth to outpace US and Europe, India's growth momentum strong: Report
The analysis by CLSA, citing Bloomberg's projections, forecasts that Asian earnings growth will surpass that of the US and Europe for both this year and the next. This positive outlook is in line with the Reserve Bank of India's (RBI) prediction of a robust 7.2 per cent growth rate for India in fiscal year 2025.
We don't expect rate cut in 2024 unless growth or inflation surprises on downside: Tanvee Gupta Jain
I think the political outcome was suggesting that there is kind of a weak sentiment at the lower end of the income pyramid. And whether we accept it or not but India has seen a K-shaped consumption recovery post the pandemic. So, most of the high frequency data that we track are clearly indicating that affluent, premium segment demand in India has been doing well.
Will RBI start cutting interest rates from October? Dr Samiran Chakraborty answers
In Citi's house view, we think that the Fed rate cut will start early, so we have put our first RBI rate cut in October, to some extent also factoring that in that if Fed moves earlier, then RBI gets the scope to move as well.
Back to basics in uncertain times; quality to outperform momentum: Nilesh Shah
The election outcome defies market and exit polls estimates. Focus shifts to government formation, analysis of the election verdict, and policy recalibration. Support for bottom-of-the-pyramid consumption likely for inclusive growth.
Tata AIA Life launches Midcap Momentum Index Fund
Tata AIA Life Insurance launches Midcap Momentum Index Fund to capitalize on India's midcap sector growth potential, offering investors a chance to benefit from high-growth midcap stocks through ULIP and ILP solutions.
Economists project continued economic momentum and stability after India reports robust GDP growth in Q4
India's economy experienced a 7.8% growth rate in the January-March quarter, surpassing expectations due to strong performance in the manufacturing sector. The GDP growth in the fourth quarter of FY24 was slightly lower than the revised 8.6% growth in the previous quarter. Economists are optimistic about sustained momentum throughout the year, with the gap between GDP and gross value added (GVA) expected to normalize from the second quarter of FY25.
Growth momentum to continue in Modi 3.0: FM Sitharaman
India's Finance Minister, Nirmala Sitharaman, has praised the country's 8.2% GDP growth in 2023-24, stating that the growth momentum will continue in the third term of the Modi government. The manufacturing sector saw a 9.9% growth, indicating the country's resilience despite global challenges. The final phase of Lok Sabha elections is set for Saturday, with results expected on June 4.
What to expect from RIL stock going ahead? Deven Choksey answers
To a greater extent likes of Reliance, likes of Bajaj Finance, likes of Kotak Bank are some of the companies where probably you find that the business condition remains absolutely upbeat and robust and at the same time the stock prices have not moved anywhere despite of the rally going on in this market.
India’s economic momentum to remain strong post-election: S&P Global Market Intelligence
India's post-election economic momentum is expected to be driven by capital spending, private consumption, and investment. S&P Global Market Intelligence highlights strategic sectors like renewables, electronics, and logistics. Inflation is projected to ease, and if the NDA secures a two-thirds majority, the focus will be on economic growth and fiscal deficit reduction. Technology integration and social welfare are key considerations depending on the election outcome.
Growth momentum likely to stay in Q1FY25: FinMin
The finance ministry's April report predicts strong economic activity in FY25, with rising industrial activity and fixed investments. Positive macro-economic indicators include a bright manufacturing outlook and improved services sector, supported by increased capacity utilization and EPFO data.
Indian hospitality sector witnesses 11.4% YoY RevPAR Growth in Q1 2024: JLL
In the first quarter of 2024, the Indian hospitality sector experienced positive growth, with a significant increase in Average Daily Rate (ADR) driving Revenue Per Available Room (RevPAR) up by 11.4% compared to the same period in 2023. This growth was fueled by a rise in corporate travel, weddings, and MICE demand. The sector also saw a 5.5% increase in RevPAR from the fourth quarter of 2023, supported by strong occupancy levels and ADR growth. The outlook for the sector remains optimistic, with continued growth expected in the second quarter driven by business travel and leisure demand.
GDP likely expanded 6.8% in Q4; FY24 print may hit 7.8%
The strong March quarter print could lift overall gross domestic product (GDP) growth for the full fiscal year to 7.8% against 7.6% assessed in the government's first advance estimates released in February. The International Monetary Fund (IMF) has also forecast 7.8% growth for FY24. The government will release fourth-quarter growth numbers and provisional GDP data for FY24 on May 31.
Sundaram Home Finance hopeful of continuing growth momentum
Sundaram Home Finance plans to continue its growth momentum in the current financial year by expanding into smaller towns and exploring opportunities in Tier 4 towns in South India. The company, a subsidiary of Sundaram Finance Ltd, is optimistic about the real estate sector's outlook and expects growth momentum to continue. The company has opened 30 exclusive SBL branches in Tamil Nadu, with disbursements of over Rs 125 crore.
Strong FII flows may come back into India post elections: Ashi Anand
If you just go over the last six months, one year, two years, three, five, it is very consistent that India and the US, these are the only two parts of the world which actually have growth and you have momentum in the markets.
We are positive on financial, pharma & auto; cautious on FMCG: Mukul Kochhar
Mukul Kochhar of Investec Capital Services discusses market reactions to potential election outcomes, emphasizing severe possible impacts and strong business momentum. He covers various sectors like financials, pharma, automobiles, FMCG, and non-ferrous metals, offering insights into each. Kochchar says he is optimistic because of the nascent shoots in the private capex cycle.
We expect 8% return from Nifty in INR terms for CY-24: Venugopal Garre
While at this juncture where we are, I will probably say that a win is definitely priced in, for sure, but probably in the 330-350 range, so it is that range which is getting priced in at this juncture, which is more or less something which they achieved in the previous election phase as well.
Will Mr Market get it right this election also? Is nervousness about range of BJP victory justified?
Nitin Raheja discusses market reactions to past elections, current nervousness, and potential investment strategies in various sectors amidst election uncertainties and market corrections.
Don’t chase momentum, focus on quality and valuation in IT, private banks, FMCG: Nilesh Shah
Nilesh Shah of Kotak AMC discusses market performance, FII selling, and opportunities in FMCG, private banks, and IT sectors. He advises focusing on quality and valuation, avoiding momentum stocks, and being cautious about PSU counters with limited floating stock. Shah says: "Going forward, events will determine market, geopolitical risk, and the US Fed's pivot will impact FPI flows."
Ind-Ra raises India's FY25 GDP growth estimate to 7.1 pc: Strong government-private investment propel economic momentum
India Ratings and Research (Ind-Ra) has revised India's GDP growth estimate for FY25 upwards to 7.1 per cent, exceeding the Reserve Bank of India's forecast of 7.0 per cent. The agency's outlook is supported by government capital expenditure and a revival in private sector investment. Challenges include uneven consumption demand and export sector obstacles. Despite positive indicators, constraints remain, such as high inflation and geopolitical uncertainties affecting exports.
We expect strong momentum to continue in business: Warren Harris, Tata Tech
And so, if we put VinFast to one side, we actually grew our services business sequentially by 10%. And in the full year, again, if we put VinFast to one side, we have grown our business by a sector leading 30%.
In FY25, Godrej Properties hopes to build on strong operating momentum of last year: Pirojsha Godrej
Godrej Properties anticipates strong growth in FY25, leveraging active business development in key markets. The real estate company is also going to focus on timely customer cash collections and maintaining debt levels between 0.5 to 1 band for sustained growth. Godrej says: "we are kind of mid-cycle now so that we will have another good year of real estate demand ahead."
IPL portfolio: Momentum stocks may not deliver sustainable returns, says Robin Arya
Robin Arya recommends investors stick with consistent stocks for steady growth over time, similar to reliable IPL teams. He suggests a diversified portfolio with equities, bonds, and alternative investments for stability and growth potential in uncertain market conditions. High-risk, high-return opportunities may seem enticing in the short term, the power of compounding and steady growth over time typically outperforms volatile ventures.
Load More
