Indian equity markets have spent nearly 18 months moving sideways, and according to Ashi Anand, Founder & CEO of IME Capital, this consolidation phase has been shaped by a mix of headwinds—weak growth, elevated interest rates, and geopolitical uncertainty. But the narrative is gradually improving. Anand notes that over the past 3–5 months, growth indicators … Read more
Nifty-500 companies have reported a robust performance in the fourth quarter of FY24 primarily driven by domestic cyclicals like BFSI and auto sectors, stated a report by domestic brokerage firm Motilal Oswal. However, global cyclicals such as Oil & Gas (O&G) and metals dragged down the index, the report said. Nifty-500 companies recorded a 7% … Read more
We continue to be very bullish on the pharma sector. We are playing a bit cautious on financials, says the Director & CIO, Max Life Insurance. Maruti, Hero MotoCorp have managed to outperform on account of the festive season as well as easing of supply. How have you read into the August auto sales numbers?Auto … Read more