STOCK MARKET EXPERTS ON BUDGET
Modi’s Budget to send India’s soaring stocks higher: Survey More than half of the 24 respondents estimated that the Nifty 50 Index may advance up to 26,000 points by the end of 2024, while one predicted the gauge can climb even more.
04 Jul, 2024, 12.52 PM ISTMarket 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 ISTHere's a two-pronged approach to navigate an ever-rising stock market Despite the Modi regime's progressive policies ensuring macro-stability, the 2019 super-rich surcharge raises doubts, especially in view of the poor election show of the BJP. Markets however defied election outcome pullback expectations, hitting new...
04 Jul, 2024, 11.28 AM IST- ADVERTISEMENT
After 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 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 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 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 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 ISTHow stock markets have behaved before and after Budgets since 2000 As Dalal Street prepares for the upcoming Budget presentation by Finance Minister Nirmala Sitharaman later this month, a study of market behavior since 2000 reveals that investors tend to reduce their exposure one week before and re-enter one week a...
01 Jul, 2024, 02.16 PM ISTShould you invest or exit the stock market now? Chandan has been an equity investor for the past 15 years and has seen a couple of market cycles. However, he is not sure what lies ahead for the equity markets.
01 Jul, 2024, 06.30 AM ISTChakri Lokapriya on stocks to pick in cement, banking sectors UltraTech is very well positioned. It is still the market leader. Adani on the other hand with ACC and Ambuja, is far more acquisitive. They can move on deals much faster. So, in terms of where will growth come faster from, it will be ACC and Ambuja...
28 Jun, 2024, 10.59 AM ISTExide has surged 80% but still not overvalued? Sudip Bandyopadhyay explains why Transition from IC to electric vehicle is giving a significant opportunity to the battery manufacturers. And remember, in IC, the battery used to be one component, whereas in EV that is going to be the most important component. The opportunity size ...
26 Jun, 2024, 09.17 AM IST3 themes to bet on now for pre-Budget plays: Gurmeet Chadha Gurmeet Chadha says that the market is trying to position on the pre-Budget period. But there are very few pockets which give a lot of valuation comfort. So, we have to be very selective in terms of what we buy and ensure that we do not end up payin...
25 Jun, 2024, 08.50 AM ISTWhich are the best asset classes to own over 1-year, 3-year & 5 years? Nilesh Shah answers Nilesh Shah says up to one year, he will recommend an arbitrage fund for a high taxpayer or debt funds, money market funds and short-term bond funds where one could have the limited benefit of a drop in interest rates. Between one to three years, on...
25 Jun, 2024, 08.36 AM ISTAjay Bagga on where to look for next market trigger and pockets to avoid now Ajay Bagga says railways and defence sectors have already run up much and multi-year order books have been factored in. Now it is the execution challenge. So, have the investors already eaten the pie for railways and defence? Not fully, but right no...
24 Jun, 2024, 08.59 AM ISTWhat will be the big trade in the run-up to the Budget? Here’s what Rahul Shah has to say Rahul Shah says that HDFC Bank has not performed well for the last so many months and we all know that there is speculation on MSCI weightage and all. If it happens, then my gut feeling is that HDFC will outperform. But if it does not happen, then S...
22 Jun, 2024, 09.11 AM ISTMarket to be volatile and move in a fairly tight range till Budget: Dinshaw Irani Dinshaw Irani says that Helios has been so bullish on the financial sector that they brought out a first sector dedicated fund from the house of Helios which closed on June 14; it was a financial services fund. Anyway, Helios id loading up on that p...
20 Jun, 2024, 12.25 PM ISTCement, infra are key sectors to look at because of prospect of policy continuity: Pankaj Pandey Pankaj Pandey discusses the impact of the incumbent government's majority on the market, focusing on earnings, Budget expectations, and sector performance post-elections. Pandey further says once this monsoon gets over the focus will shift towards t...
29 May, 2024, 09.13 AM ISTBond market happy with RBI cheque to govt; will wait for July Budget before any move: R Sivakumar R Sivakumar shares insights on the government budget, interest rate regime, and investment strategies in light of RBI's dividend and market optimism. Sivakumar says the bond markets have not run away and that implies markets are going to wait for th...
24 May, 2024, 09.10 AM ISTNot election result, if Budget doesn’t throw negative surprises, market set for a decent move: Sandip Sabharwal Sandip Sabharwal emphasizes the importance of taxation in the upcoming Budget and advises a tactical approach with cash reserves. Sabharwal says foreign investors will return to India once it gets established that US inflation is clearly on the way ...
19 May, 2024, 09.11 AM IST