If there is better visibility of growth in US, then IT spending by companies should pick up, which should augur well for IT sector, says Hemant Kanawala.
Ashish Kyal expects consolidation or minor retracement in midcap, smallcap indices, but it will be an opportunity to enter into the stocks that have shown leadership role during the rise.
The ongoing rally in the financial system seems to be running smoothly without any major hiccups, and valuations appear reasonable, says Mayank Mehraa of Craving Alpha.
Media stocks appear to be a dark horse sector and are expected to perform well over the medium term, says Prashant Shah of Definedge.
PE expansion in largecap is yet to happen and a lot of money is sitting idle and waiting for a good opportunity to enter, says Akhil Bhardwaj of Alpha Capital.
India has one of the most advanced payment systems and one of the best regulators globally, which could make this space exciting for a very long term, says Santosh Kumar Singh of Motilal Oswal AMC.
Prime Minister Modi will showcase India’s talent and prowess in tech at the G20 summit as also how deftly it handled inflation post the pandemic and the Ukraine war that unsettled prices across the globe
The timing and scope of our G20 presidency has shown the world that we are willing to take all nations along in this great journey
Short-term volatility may persist due to election results, but ultimately, Ambit Asset expects the markets to move beyond that and remain fundamentally driven says Manish Jain.
Much better strategy to ensure a better return is to have a great mix, says Santosh Joseph of Refolio Investments.
Off late, Sanjay Chawla of Baroda BNP Paribas Mutual Fund has seen some green shoots in IT sector. This is a combination of some early signs of demand revival and valuations comfort.
Longer term, the upward trend in banking remains intact. The 20-week average for Bank Nifty at 44,145 has been protected during the last two weeks.
At home, populist fiscal moves leading up to the 2024 general election will be perceived negatively, says Singh who has over 27 years of investment experience
Factors like political stability, favourable demographics and regulatory initiatives are making India a compelling story, says Sonam Srivastava of Wright Research
Indian consumer companies may become attractive when their valuations offer a significant discount to intrinsic value, says Vikas V Gupta of OmniScience Capital.
He advised smallcap investors to have a safety margin while investing. Without it, the investors might be forced to hold on to small-cap stocks for a longer period of time to make money, he said
The company plans to explore inorganic growth in larger markets such as the US, Brazil, and Turkey. Eightyfive percent of the issue is an offer-for-sale (OFS), valued at Rs 415.78 crore, to give an exit to existing investors.
Anirudh Garg of Invasset PMS foresees earnings risk in the forthcoming financial year in IT (information technology) and oil & gas.
For the next year or two, growth prospects are currently limited for both the FMCG and chemicals sectors, says Rohan Mehta of Turtle Wealth.
The global ratings agency does not expect India to meet its target of reducing the fiscal deficit to 4.5 percent of GDP by 2025-26, although any slippage is unlikely to be meaningful, Moody's Senior Vice President Christian de Guzman told Moneycontrol in an interview
The FMCG sector and IT sector seem to be priced at a premium compared to their long term averages, says Ajit Banerjee.
Commodities guru Jim Rogers learned about investing in silver from India. The country has been a great investor in silver for decades, he said
India is expected to be a key beneficiary of tensions between China and the Western world. The country presents long-term opportunities to investors.
The valuation differential between large caps and the mid and small caps, currently is in positive favour of the smaller companies, says Anil Ghelani of DSP MF.
Short term consolidation or correction in this index can be ideal opportunity for medium to long term traders to enter into Auto and Auto ancillary space, says Ashish Kyal.