IT sector may remain range-bound amid global uncertainty: Amnish Aggarwal

IT sector may remain range-bound amid global uncertainty: Amnish Aggarwal

“Going forward, if you look at on the domestic side, domestically the things do not change. There have been tax cuts, the capex spending has been going up and also the announcement on the monsoon has been on the positive side that this year we are going to have good rainfall. The domestic view remains … Read more

Domestic-focused plays remain safer bets amid global uncertainty: Amnish Aggarwal

Domestic-focused plays remain safer bets amid global uncertainty: Amnish Aggarwal

“Some of the auto companies, although the run up there might not be that significant, some of the leading private sector banks, so this is the third segment, which you can look at. In addition to it other spaces, for example, you can look at hospital which is absolutely insulated, pure play domestic,” says Amnish … Read more

What to expect from Reliance’s AGM 2024? Amnish Aggarwal answers

What to expect from Reliance’s AGM 2024? Amnish Aggarwal answers

“Now, I think what markets will be keenly watching out for in this year’s AGM is more on the announcements regarding their green energy initiatives and new energy. Because these are some of the initiatives where they have been talking about, you can say, spending a lot of money, a lot of big corporates are … Read more

ETMarkets Smart Talk: IPO likely to pick up in 2023; Nifty target seen at 21,035: Amnish Aggarwal

ETMarkets Smart Talk: IPO likely to pick up in 2023; Nifty target seen at 21,035: Amnish Aggarwal

“We remain bullish on Indian markets and expect markets to scale new highs in 2023. We have a 12-month Nifty target of 21,035,” says Amnish Aggarwal – Head of Research, Prabhudas Lilladher Pvt Ltd. In an interview with ETMarkets, Aggarwal who has an experience of around 20 years in the financial markets, said: “We expect … Read more

Amazon is where Reliance Retail is trying to be in next 3 years: Prabhudas Lilladher

Amazon is where Reliance Retail is trying to be in next 3 years: Prabhudas Lilladher

JioMart has a lot of on-the- ground presence and a lot of retail stores are there. It will get bolstered by the Future Group acquisition, says Amnish Aggarwal, Head of Research, Prabhudas Lilladher. What are you making of the KKR investment in Reliance Retail? It holds about 1.28% equity stake for about Rs 5,550 crore. … Read more