PSU SPACE
Fund Manager Talk | Worried about valuations in bull market? Nippon CIO on what to buy Over the last few years, we have witnessed multiple policy enablers across areas like manufacturing, formalization, taxation, etc which has created a sound platform for future growth. In the upcoming budget we expect continuity in terms of policy me...
16 Jul, 2024, 09.00 AM ISTSushant Bhansali on two sectors that can create great value in FY-25 Also, from a populist versus fiscal prudence, I would say that fiscal prudence will take the precedence but some populist measures which will be there which should augur well for the economy from a rural side, lower end of consumption strata. So, th...
15 Jul, 2024, 04.11 PM ISTWait for better opportunities to buy shipyard companies: Sandip Sabharwal The bad part is the valuations are excessive at this stage, which is true for many of the sectors which are doing well, their visibility is very good, the valuations are also very high.
12 Jul, 2024, 12.14 PM IST
Should investors bet on large-cap pharma stocks? Alok Agarwal answers So, I remain upbeat and positive about the changes. Yes, at the same time, there are increasingly green shoots visible in the lower end of most consumer products, and this change is coming at the right time, possibly indicating better growth ahead o...
08 Jul, 2024, 08.00 AM ISTNavigating bull run: Rajesh Palviya's insights on Bank Nifty and sectoral moves Rajesh Palviya of Axis Securities provides insights into the current trends and expectations for Bank Nifty, highlighting key support and resistance levels. He discusses the impact of recent performances by private and PSU banks and shares his views...
06 Jul, 2024, 04.10 PM ISTSometimes skepticism should not be first port of investing: 4 largecap PSU stocks from different sectors with upside potential of up to 29% While a part of it is due to valuations, another part is due to doubts about whether the government will continue to focus on making the PSU a set of better run companies. If one looks at the announcements which have come in the last four weeks, the...
04 Jul, 2024, 04.22 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 ISTBest banking & PSU mutual funds to invest in June 2024 Mutual fund advisors say banking & PSU debt schemes are ‘relatively’ safe because these schemes invest only in bonds and papers of banks and public sector companies. Since most of these entities are government-backed, they don’t have the credit risk.
26 Jun, 2024, 10.24 AM ISTDefence and fertilizer stocks decline up to 8% amid profit booking In the recent few trading sessions, both sectors witnessed a rally as the defence sector was backed by factors like new order wins, positive growth outlook and stability of the PM Narendra Modi-led NDA government.
21 Jun, 2024, 02.45 PM ISTPSU banks still remain top bet in financial space: Rahul Shah I think the mood is very positive. Obviously, as you rightly said, a lot of people missed out last Tuesday when we saw the sell-off in the markets and obviously, so I think luckily most of them are still holding on to their positions and not sold it...
12 Jun, 2024, 11.13 AM ISTPSUs will continue to create wealth for investors over medium to long term: Manish Sonthalia There is no reason to feel bearish after the recent bout of volatility and multiples in India are not very cheap but not very expensive either for a 15% sort of growth. Valuations are going to sustain. So that is how things are. Things are pretty se...
11 Jun, 2024, 12.36 PM ISTCapital goods, defence, railways segment should continue to do well in PSU space: Mihir Vora See, the good part is that the election has voted for continuity. So, there is no change in the ruling regime, so that is a big positive because what the market and the economy were expecting is continuation of the growth policies for various segmen...
11 Jun, 2024, 10.19 AM ISTA confident NDA can propel Nifty towards 26,300: Rupak De of LKP Securities In the midst of a tumultuous political scenario, the market may find reason to correct back to recent lows or even lower in the medium to long term. Conversely, a confident NDA could propel the Nifty towards 26300 and beyond in the medium to long te...
10 Jun, 2024, 09.02 AM ISTGreat opportunity for investors to build or reconstruct their portfolios: Sandeep Tandon See, both manufacturing and defence in particular have been very expensive. If I have to say in any manufacturing space where is the biggest froth? Again, not in absolute terms but on relative basis, defence is the biggest froth which got built and ...
04 Jun, 2024, 02.39 PM ISTStock Radar: Canara Bank a safe bet to beat election result volatility; scrip hits fresh 52-week high in June: Shilpa Rout A decisive close above 120 levels is likely to open room for the stock to hit fresh 52-week highs up to 135-140 levels in the next few weeks, suggest experts. The stock has remained flat in the last three months but witnessed strong price action on ...
04 Jun, 2024, 10.00 AM ISTCommodities as a sector will get re-rated globally: Sandeep Tandon So far, we have seen power I think the continuity of that space will continue. Anything related to storage aspect on the energy you are talking about and maybe a lot of speculation is going on, the taxation related changes coming, GST will be part ...
03 Jun, 2024, 01.31 PM ISTFinancials, capital goods likely to lead; expect rotation in defence, railway names: Gurmeet Chadha There is indeed a shortage, and discounts have virtually disappeared, not just for air conditioners but also for refrigerators and air coolers. Companies like Voltas performed well initially, but their recent results, especially in the EMPS space, w...
03 Jun, 2024, 08.00 AM ISTWill the pace of the rally in PSU sector cool down? Sandip Sabharwal answers My base case is that the current government will continue. So, if that doesn't happen, which I believe is a remote possibility, then I think the post-election strategy has to be very different.
31 May, 2024, 07.00 AM ISTBook profit in Modi stocks; go for 3 themes that will outperform now: Sanjiv Bhasin CLSA has labeled certain stocks as 'Modi stocks' which have performed well recently. Sanjiv Bhasin from IIFL Securities suggests booking profits in these stocks, especially PSUs. He recommends focusing on FMCG, private banks, and specialty chemicals...
29 May, 2024, 11.21 AM ISTRisk-adjusted returns in rural-linked stocks could be quite significant: Anshul Saigal Lots of segments are monopolies in this space and there is bound to be interest in this space. There will be further interest in this space and there could be further upsides. Again, easy money has been made, but there is still money on the table an...
17 May, 2024, 11.32 AM IST