“The global semiconductor sector is positioned for a decade of expansion and is forecasted to reach a trillion-dollar industry by the year 2030 driven by automotive, data storage, and wireless industries,” says Anil Rego, Founder and Fund Manager at Right Horizons – A SEBI-registered PMS provider. In an interview with ETMarkets, Rego said: “We are … Read more
“We remain overweight on sectors that will benefit from economic expansion such as banks, industrials, utilities, defence, real estate, and cement,” says Dr. Poonam Tandon, Chief Investment Officer at IndiaFirst Life. In an interview with ETMarkets, Tandon said: “We are very positive on the infrastructure and real estate cycle as the sector will continue to … Read more
Shares of foodtech firm Zomato would be in focus on Monday following narrowing of its loss in March quarter. Sumeet Bagadia, Executive Director, Choice Broking, says the stock has shown support around Rs 58-55 while resistance is around Rs 75-80. “Short-term prospects in this stock might be appealing to risk-taking investors,” Bagadia says. Edited excerpts:Nifty … Read more
The only way to play Adani group stocks right now is to do a long strangle in them for next month expiries. These stocks are too volatile and will move more on news flow rather than valuation drivers and technical parameters,” said Rahul Ghose, Founder & CEO – Hedged. Edited excerpts from an interview:Nifty lost … Read more
“Finance Minister Nirmala Sitharaman presented a surprise-free Budget for FY23-24, aimed at driving economic growth in a global scenario, where a recession looms for most of the large economies,” says Gurmeet Singh Chawla, Director, Master Capital Services Limited. In an interview with ETMarkets, Chawla said: “One of the sectors that can possibly offer high returns … Read more
“Our house view is that gold has now turned into a speculative asset. Academically, gold is an alternative currency. It is a store of value,” says Manoj Trivedi, Co-founder, Jama Wealth. In an interview with ETMarkets, Trivedi said: “If we look at gold prices in USD, they have not increased since the COVID period, despite … Read more
“With Indian markets being relatively insulated from global uncertainty, the domestic markets are trading at relatively higher valuations as compared to its EM peers,” says Reshma Banda, Head-Equity & Executive VP, Bajaj Allianz Life Insurance.In an interview with ETMarkets, Banda, said: “The long-term India growth story remains intact and from a macro perspective India remains … Read more
“Allocate 35-40 % in banks, 15% in midcap software, 15 % in auto, 15% in profitable platform companies and 10% in new age digital companies,” says Dipan Mehta – Founder Director at Elixir Equities Pvt. Ltd.In an interview with ETMarkets, Mehta, said: “Banks, as this is the golden period for them with decent demand for … Read more
, and are three stocks that Sumeet Bagadia, Executive Director, Choice Broking, says would be on the top of his radar for the week. “One can initiate a long position in at CMP Rs 2,526. Keep a stop loss at Rs 2,450 for a target price of Rs 2,650-2,700,” he adds. Edited excerpts: Where do … Read more
, and are three stocks that Sumeet Bagadia, Executive Director, Choice Broking, says would be on the top of his radar for the week. “One can initiate a long position in at CMP Rs 2,526. Keep a stop loss at Rs 2,450 for a target price of Rs 2,650-2,700,” he adds. Edited excerpts: Where do … Read more