India’s banking sector has been squeezed between rising costs and slowing credit demand, for over a year. The downgrade cycle may be nearing an end, according to UBS Securities, a multinational investment bank. However, Vishal Goyal, Head of India Research at UBS Securities, also warned that a full recovery for the country’s financial sector is […]
Citi predicts Nifty to reach 26000 by year-end as market outlook improves – CNBC TV18
India’s stock market outlook has improved, said Surendra Goyal, Head of India Research at Citi, predicting that Nifty could reach 26,000 by the end of the year. According to Citi, lower stock valuations, strong growth in key sectors, and supportive policies from the Reserve Bank of India (RBI) will help boost the market. Goyal explained […]
Bandhan AMC expects muted market returns in next few quarters, sees potential in healthcare sector – CNBC TV18
Manish Gunwani, Head of Equity at Bandhan AMC, which manages assets worth nearly ₹180 crore, believes it will not be a high-return market in the coming quarters due to elevated valuations and prevailing uncertainties. Company Value Change %Change Gunwani stated that the past three to five years have delivered strong market returns, but current valuations […]
Motilal Oswal’s Rajat Rajgarhia sees brighter 2025 for markets, lists key catalysts for 10-12% gains – CNBC TV18
“We see no reason why things (the market) should not move up from here in 2025,” says Rajat Rajgarhia, Managing Director and CEO at Motilal Oswal Institutional Equities. “On what 2025 should be, I would think at the broader market, a 10-12% kind of a year is good,” he added. He noted that while there […]
Sensex target set at 93,000 by December 2025, says Morgan Stanley – CNBC TV18
Morgan Stanley has set an ambitious target for India’s benchmark Sensex, projecting it to reach 93,000 by December 2025, driven by a combination of structural and cyclical factors. Jonathan Garner, Chief Asia & EM Equity Strategist at Morgan Stanley is optimistic about India’s economic trajectory, emphasising that the nation remains one of the firm’s top […]
Nifty set for first single-digit earnings growth in five years: Gautam Duggad – CNBC TV18
The Nifty earnings per share (EPS) is projected to grow in single-digit in 2024-25, the first time in five years, according to Gautam Duggad, Head of Research at Motilal Oswal Financial Services (MOFSL). MOFSL has trimmed its Nifty EPS estimates for 2024-25 and 2025-26 by 4% and 3.5%, respectively. “We were at about ₹1,115 (for […]
LIC MF CIO bets on these sectors for the long term – CNBC TV18
While there is debate on whether market valuations are stretched, Yogesh Patil, CIO of LIC MF, who oversees nearly $4 billion in funds, says one should also consider that the fundamentals of India have improved significantly. “I am not saying it is a completely overvalued or a very fair valued, undervalued, we need to check […]