[ad_1] Devina Mehra, Founder, Chairperson & MD, of First Global does not rule out a further dip in the market with smallcap and midcaps weakening more than the large caps. However, she does not foresee a sustained market crash. First Global has moved away from companies with a market capitalisation of ₹1,000 crore to ₹5,000 […]
Market expert sees signs of revival in these two sectors – CNBC TV18
[ad_1] Shreyas Devalkar, Head of Equity at Axis Mutual Fund, which manages nearly $35 billion in funds, see signs of bottoming out in the information technology (IT) and fast moving consumer goods (FMCG) sectors even though he does not expect an immediate improvement. “There are no signs of improvement but these sectors have seen earning […]
Kotak Institutional Equities’ Pratik Gupta tells investors to prefer large-caps and be cautious on small-midcaps – CNBC TV18
[ad_1] Pratik Gupta, CEO of Kotak Institutional Equities, emphasises a strategic shift toward large-cap stocks, advising investors to reduce their exposure to small and midcaps due to aggressive valuations, adding that sectors like defence, chemicals, and public sector undertakings remain overheated and overvalued. In contrast, Gupta expresses optimism about underperforming sectors such as private banks, […]
Rana Gupta flags two key risks that could weigh on the market – CNBC TV18
[ad_1] Rana Gupta, Senior Portfolio Manager and India Equity Specialist at Manulife Investment Management, identified two key downside risks for the Indian market. The first risk comes from the potential oversupply of equity paper. Gupta mentioned that several large initial public offerings (IPOs) are planned for October and November, and if these issues do not […]
Four reasons why India could see $100 billion in foreign fund inflows soon – CNBC TV18
[ad_1] India needs an additional $100 billion in foreign fund inflows to move from an ‘underweight’ to a ‘neutral weight’ position in institutional portfolios, according to James Sullivan, Head of APAC Research at JPMorgan. So far, the rally in the Indian market has been driven primarily by domestic investors, with foreign participation lagging. Also Read […]
Devina Mehra warns: Don’t fall victim to the ‘greater fool’ theory – CNBC TV18
[ad_1] investors, especially those in IPOs, are ignoring valuations and focussing solely on short-term gains. This behaviour, according to Devina Mehra, Founder, Chairperson and MD, First Global, reflects the ‘Greater Fool’ theory, where investors buy stocks not because they believe in the company’s value, but in the hope that they can sell to someone else […]
Envision’s Nilesh Shah spotlights these two themes as multi-year trends – CNBC TV18
[ad_1] Urbanisation and digitisation are the two most powerful themes in India, which are structural multi-year trends, according to Nilesh Shah, MD & CEO at Envision Capital, who manages funds worth over ₹1,500 crore. “I clearly believe that digitisation is still being undermined. Most investors have a chorus around valuations. But I believe growth and […]
Is this CIO booking profits in infrastructure, defence, and power stocks? – CNBC TV18
[ad_1] While the infrastructure, capital goods, defence, and power sector stocks have performed exceptionally well in recent quarters, it’s not necessarily time to exit these sectors just yet, according to Ashish Gupta, CIO at Axis AMC, who manages nearly ₹1,700 crore in funds. “If we look at June quarter earnings, we saw these sectors continue […]
Market looks exhausted, needs a 5-7% correction, says market strategist – CNBC TV18
[ad_1] The market has come to a point where the short-term studies are not in sync with the price action anymore. Therefore, the market needs a 5-7% correction, according Gautam Shah, Founder & Chief Strategist at Goldilocks Premium Research. He believes the market is looking exhausted as the up days are not as strong in […]
This $42 billion fund manager is booking profits – CNBC TV18
[ad_1] Harish Krishnan, Co-CIO, Head-Equity of Aditya Birla Sun Life AMC, which manages funds worth $42 billion, is booking profits in sectors that have done exceedingly well, and increased allocation to larger midcaps. “We have seen over the course of the last 18 months or so that risk has got disproportionately rewarded, especially as we […]