3 auto stocks Chakri Lokapriya is bullish on for near term

3 auto stocks Chakri Lokapriya is bullish on for near term

“You can see some improvement in provisions. And importantly, the valuation is still very much on SBI‘s side. So I think there is a significant upside from the current levels for SBI,” says Chakri Lokapriya, CIO & MD, TCG AMC.What do you want to start with, there are two big numbers today SBI and ITC?SBI … Read more

4 sectors Chakri Lokapriya is bullish on in near term

4 sectors Chakri Lokapriya is bullish on in near term

“But the services sector of Indian companies is at a 14-year high. So, which means therefore all the services-related companies are on a strong wicket as far as the stock price outlook is concerned,” says Chakri Lokapriya, CIO & MD, TCG AMC.We have seen a 1000-point rally on the Nifty. Do you think more is … Read more

Chakri Lokapriya on 3 factors responsible for market’s underperformance

Chakri Lokapriya on 3 factors responsible for market’s underperformance

“It has been a difficult market. We have raised more cash. We are sitting at about probably 7% cash. And so what we have done is basically lowered down some of the cyclical sectors, global sectors that is metals,” says Chakri Lokapriya, CIO & MD, TCG AMC.It is a market which is giving everybody a … Read more

Earnings season will start on a sombre note: Chakri Lokapriya

Earnings season will start on a sombre note: Chakri Lokapriya

“This is a year in which if you look at the recent automobile sales they have been strong and they are likely to get stronger going into 2023 which is another positive for M&M Finance,” says Chakri Lokapriya, CIO & MD, TCG AMC. Just wondering what to do with Bajaj Finance, their quarterly update is … Read more

Reliance, SRF among Chakri Lokapriya’s top bets next week

Reliance, SRF among Chakri Lokapriya’s top bets next week

In terms of Reliance, I think it will clearly continue to do well. IT to an extent, yes it has already had a fairly good rally but again as we go closer to IT companies reporting in less than a couple of weeks that the expectations will kind of pick up given that Accenture has … Read more

Long & Short of Markets: Raamdeo Agrawal on value migration; Rahul Chadha on playing economic upcycle & more

Long & Short of Markets: Raamdeo Agrawal on value migration; Rahul Chadha on playing economic upcycle & more

The Indian economy’s journey from $3 trillion to $5 trillion should happen on the back of credit intensity, says MOSL’s Raamdeo Agrawal. Being very bullish on banking space, the market veteran says, top 5 PSU and private banks may underwrite another Rs 110 lakh crore worth of credit going ahead, which is a huge opportunity. … Read more