FPI selling pressure may persist due to rupee depreciation: Deven Choksey

FPI selling pressure may persist due to rupee depreciation: Deven Choksey

“So, certainly that pressure is on as far as the market is concerned. The larger part of the delivery volume gets reflected when we see the data, but the F&O volume is not showing the data where we believe that large FPIs are basically shorting the counters on that side of the market and gradually … Read more

Which Adani Group stock can give 40-50% return? What Tata stocks to work well now? Deven Choksey answers

Which Adani Group stock can give 40-50% return? What Tata stocks to work well now? Deven Choksey answers

Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd, says most of the Tata Group companies remain very convincing from the point of view of investment. Maybe this market gives some opportunity at a corrected price level. They would once again become a buy in the portfolio from the current level. As for Adani group stocks to … Read more

Deven Choksey on 3 themes that are right for investing in a volatile market

Deven Choksey on 3 themes that are right for investing in a volatile market

Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd, says he is confident about investing in the metal sector as the metal market is about to undergo a significant change. Energy prices are stable, while demand remains strong and positive. As energy prices are expected to decrease due to the rise of renewable energy and its use … Read more

Deven Choksey on why long-term investors should eye Motherson Sumi

Deven Choksey on  why long-term investors should eye Motherson Sumi

“We’ve held stocks from the entire TVS Group for over 30 years. The Bajaj Group has been in our portfolio for over 40 years, and Reliance has been part of our portfolio for more than 25 years. We hold these companies because their businesses have shown steady growth. We’re not looking for exceptional returns like … Read more

Time to take contra bet in financials? Here’s what you can go for

Time to take contra bet in financials? Here’s what you can go for

Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd, says currently, financial stocks are passing through some kind of price rationalisation or valuation corrections and that is the time to buy into these companies. If we buy the India story, where the size of the economy is being talked about from $4 trillion to $10 trillion and … Read more