BFSI

Fund Manager Talk | UTI AMC’s Amit Premchandani explains why FII selling isn’t the full story for markets

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Fund Manager Talk | UTI AMC’s Amit Premchandani explains why FII selling isn’t the full story for markets

Despite foreign investors pulling money out of Indian equities, Amit Premchandani, Fund Manager (Equity) at UTI AMC, believes the market story runs deeper. He argues that valuations, earnings quality, and sectoral opportunities matter more than short-term flows, and highlights why large caps, BFSI, healthcare, and autos remain attractive bets. Edited excerpts from a chat: Sensex … Read more

Fund Manager Talk | PSU banks trading below book value despite healthy ROE: Krishna Sanghavi

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Fund Manager Talk | PSU banks trading below book value despite healthy ROE: Krishna Sanghavi

Despite healthy return ratios and minimal asset quality issues, several PSU banks are trading below book value, according to Krishna Sanghavi, CIO-Equity at Mahindra Manulife. This valuation anomaly comes at a time when the fund house is launching a dedicated BFSI sectoral fund, betting on India’s demographic dividend and the ongoing financialization of savings in … Read more

Volatility ahead, but long-term investors can sleep through it: Nilesh Shah

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Volatility ahead, but long-term investors can sleep through it: Nilesh Shah

“Indian equity markets are going up because compared to other emerging markets, we look far better. Our earnings growth over next three-five years is likely to be in high single digit, low double digit. So, my recommendation is that if you are taking a longer-term view, then yes, there is no need to worry about … Read more

Selectively position in largecaps, avoid over enthusiasm: Sudip Bandyopadhyay

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Selectively position in largecaps, avoid over enthusiasm: Sudip Bandyopadhyay

“With their kind of truce with China for 90 days, with very reasonable tariffs on both the sides augurs definitely well for US economy and the global economy as well,” says Sudip Bandyopadhyay, Group Chairman, Inditrade Capital.Let us talk about the markets because a lot has transpired over the last one week or so. You … Read more

India’s economic growth outlook unchanged, poised to outperform global growth despite risks: Lakshmi Iyer

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India’s economic growth outlook unchanged, poised to outperform global growth despite risks: Lakshmi Iyer

“I will take you back to the RBI policy where the governor did mention that there are signs of rural and urban consumption pickup, so we are actually looking at fuelling an inward facing sort of sectors pump priming the economy right now and, of course, the BFSI, the banking, and financial services sector space … Read more

Paytm, Kotak Bank among 5 financial stocks which tick Motilal Oswal’s growth, valuation boxes. Check why – Performance Tracker

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Paytm, Kotak Bank among 5 financial stocks which tick Motilal Oswal’s growth, valuation boxes. Check why – Performance Tracker

While earnings season has started, HDFC Bank’s earnings on Saturday, April, 19, 2025 will be a curtain raiser for the BFSI pack. Brokerage Motilal Oswal FInancial Services (MOFSL) remains bullish on banks, expecting outperformance. NBFCs could pivot back to growth, it said. Based on reasonable valuations and a healthy growth outlook, MOFSL has curated a … Read more

Midcap, smallcap valuations still overpriced despite recent correction: Shibani Sircar Kurian

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Midcap, smallcap valuations still overpriced despite recent correction: Shibani Sircar Kurian

“The large private sector banks is one such pack, while there are of course near term headwinds, credit growth has slowed down, there are pockets of asset quality stress, and margins have been under pressure, we believe that the valuations for that largecap banking space specifically the private sector banks is possibly more than capturing … Read more

Nifty unlikely to deliver double-digit returns in Samvat 2081: Ambit’s Nitin Bhasin and Bharat Arora

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Nifty unlikely to deliver double-digit returns in Samvat 2081: Ambit’s Nitin Bhasin and Bharat Arora

As earnings growth is slowing down and downgrades are rising, it is highly unlikely that Nifty would deliver double-digit returns in Samvat 2081, says Nitin Bhasin, Head of Institutional Equities at Ambit, and Bharat Arora, Analyst – Strategy at Ambit Capital. The institutional brokerage firm expects FY25 to be a year of earnings growth normalization … Read more

Strong deal momentum to keep Street hooked on to Persistent

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Strong deal momentum to keep Street hooked on to Persistent

ET Intelligence Group: The stock of Persistent Systems, a mid-tier IT services company, has gained 10% since its second-quarter result announcement last Tuesday, taking the three-month return to 20%. The stock has remained buoyant following the company’s strong business momentum in the September quarter, even as the broader market has shown weakness. The key business … Read more

Technology sector poised for recovery; Coforge, HCL Tech could give 17-20% return in 1 year

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Technology sector poised for recovery; Coforge, HCL Tech could give 17-20% return in 1 year

The technology sector is poised for a robust recovery following a period of discretionary spending cuts. Several factors indicate an upward trend in the coming years, including shifts in client behaviour, increased technology investments, and the rise of new technologies such as Generative AI (GenAI). Key verticals like BFSI, healthcare, and manufacturing are expected to … Read more