TALKING HEADS MACROECONOMICS

Kenyan police used rubber bullets and tear gas on protesters in Nairobi. This comes despite President William Ruto scrapping tax hikes after deadly clashes. Young Kenyans led the protests, catching authorities off-guard. Dozens rallied in Nairobi. R...

While the incumbent government securing its third term bodes well for market stability, it does juxtapose them with some dependency on allies for imperative policy decisions.

You could blame politicians and say they need to improve their intellectual discourse, turn perhaps to the great speeches of Vajpayee, JP, Nehru (oops) and George Fernandes. However, I don't think it is the politicians' fault. They're looking for an...

Jyoti Vaswani discusses the potential of multi-billion dollar enterprises in the green energy space and its impact on equity markets. She provides insights on the US Fed moves, RBI, inflation, Q4 earnings, management commentary, Nifty performance as...

Next week, US CPI data will be released, which will be crucial for gold. In case of hotter-than-expected inflation data, gold will fall. The bullion rally has coincided with a rally in risk assets and bonds.

In the upcoming bull run, NBFCs are anticipated to excel with a 15-20% upside potential, driven by potential interest rate changes in FY2024 Q2. Equity markets have shown recovery post dip, supported by positive macro-economic indicators and forecas...

Neelkanth Mishra emphasizes the need for proactive policies and strategic infrastructure development to sustain India's growth amidst evolving global economic challenges, advocating for efficient tax reforms, energy transition, and enhanced construc...

Renewal and green energy investment are key focus areas for the government. The Budget emphasizes fiscal consolidation, capex growth, and energy transition. Sachin Bajaj of Max Life highlights the significance of achieving a sustainable debt-to-GDP ...

Shiv Sehgal says: "With regards to dark horses, I think 2024 is likely to be export-oriented ones like IT and chemicals. This is because, globally, we have had a prolonged manufacturing recession (of more than a year), which has resulted in these st...

Rahul Chadha says: "In broad consumption space, things are looking soft. In the last three-six months, we have seen all the tightness happening on the unsecured lending also. So, we will see some pressure. But within a long structural cycle, there w...

Abul Fateh says: "Exposure to fixed income should be raised, especially towards the longer end of the curve. MPC has taken note of the real rates being positive at this point. The markets have also responded, especially in the last few weeks of CY20...

"We think DII flows have achieved critical mass, especially when we see the mutual fund systematic investment plans flows now above Rs 17,000 crore per month. We also see that 10% of incremental Employees’ Provident Fund Organisation (EPFO) flows be...

"Solid domestic consumption, an upswing in corporate capex and increased attractiveness among foreign investors mean that Indian stock indices will continue to do well in 2024. However, investors should be mindful of the risks as well. A prolonged r...

"We are also underweight on lending based on event risks such as IPOs/PE equity infusion etc. So, you will typically not see start-ups/bridge to equity etc be any significant part of our portfolios. The converse to this is partly true too – we are c...

"Apart from elections, stronger economic growth and improving earnings outlook should bode well for equities over the next one year. As long as India has the right structural and fundamental themes, I believe 2024 will be good for the investors. The...

"We have been talking about manufacturing pickup, particularly aided by export-led demand for some key sectors like mobiles, white goods, automobiles, and textiles. So, 2024 will determine the conclusive success of these schemes. We believe India ha...

" Corporate earnings were broadly in line with expectations, sectors such as banking, auto & auto ancillaries, and pharma companies did well. These industries have proven to be significant winners, showcasing robust earnings growth. On the flip side...

"In the mutual fund portfolio, the best-performing fund of the year 2023 may not be the best-performing fund in 2024. Therefore, it is important to not chase the best-performing fund and invest based on the individual fund’s portfolio positioning an...

"We expect banks, manufacturing, and capital goods segments to do well. Budget spending on defense and infra, interest rates peaking and continuing push to Make in India & China + 1 factors are the basis of our expectations. Defensive sectors like P...