[ad_1] Manish Sonthalia, CIO of Emkay Investment Managers, who manages over ₹700 crore in funds, expects quick commerce player Zomato to deliver positive earnings surprises for the next three years. Sonthalia pointed out that some companies potentially set to be included in the futures and options (F&O) segment are trading at lofty valuations and could […]
Trend in market leadership seems to be changing and it moves towards defensive plays, says Atul Suri – CNBC TV18
[ad_1] Even as banking remains the most important sector in India, defensive sectors like pharma and IT are giving very good opportunities and breakouts, says Atul Suri, CEO of Marathon Trends-PMS. He sees that the trend leadership is changing. While banking in the most important sector as banks and financials are termed in one breath, […]
There are structural reasons to be bullish on India, says Mahindra Manulife Investment – CNBC TV18
[ad_1] Krishna Sanghavi, Chief Investment Officer of Equities at Mahindra Manulife Investment Management, is bullish on India despite the challenges posed by stretched midcap valuations and unpredictable short-term market movements. “There are structural reasons to be bullish on India,” Sanghavi stated. He believes the fundamentals are good for the country and sees a surge of […]
LIC MF CIO bets on these sectors for the long term – CNBC TV18
[ad_1] 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 […]
With autos and metals expensive, Gautam Trivedi is looking at these newer sectors – CNBC TV18
[ad_1] Gautam Trivedi, Co-founder & Managing Partner, of Nepean Capital, believes most sectors are now trading at expensive valuations be it cement, autos or metals. “If there is a turnaround happening in a specific sector or a stock, that is the time to focus on it. Secondly, I would focus on newer sectors like solar, […]
CLSA India Strategist explains rationale behind trimming exposure to capex and infrastructure in India – CNBC TV18
[ad_1] CLSA has trimmed exposure to capex and infrastructure-related stocks in its India portfolio after being overweight on the sectors for nearly three and a half years, says India Strategist Vikash Kumar Jain. Jain explained the rationale behind reducing exposure to capex and infrastructure stocks in a conversation with CNBC-TV18. He noted the sharp rally […]
Sohum Asset Managers’ CIO on how to approach the market now and top sectoral bets – CNBC TV18
[ad_1] Sanjay Parekh, Founder & CIO of Sohum Asset Managers, which manages over ₹30 crore, says it’s best to approach the market selectively, keeping valuations as the key filter for stock picking. He sees pockets of froth in midcap and smallcap spaces particularly in some themes like defence and railways. “That is where we are […]
Market is going to see action in the fundraising cycle, but all won’t be high quality, says Bernstein – CNBC TV18
[ad_1] Even as our broader philosophy is to stay invested, one should alter portfolios in such a way that one doesn’t end up taking risks on low-quality companies, says Venugopal Garre, Head of Research, Bernstein India. Although Garre believes that the market is going to see action in the fundraising cycle, he also cautions that […]
Axis MF says India’s economy, indices and earnings may be hit by US recession due to high export dependence – CNBC TV18
[ad_1] The growth of a part of the Indian economy, indices and its earnings depends on the US because most of the country’s exports are currently to the US. Therefore, that part definitely will have some impact if there is a recession or sharp slowdown in the US markets, says Shreyash Devalkar, Head-Equity at Axis […]
Is it time to brace for a market correction? Dhiraj Agarwal outlines investment strategy – CNBC TV18
[ad_1] The Indian stock market could be headed for a 10% correction, but Dhiraj Agarwal, Managing Director of Ambit Investment Managers, believes the long-term structural story remains intact. “At this point of time, from an Indian point of view, correction hasn’t even started. So, a little bit of cash and a little bit of waiting […]