FMCG could see earnings upgrade, but valuation still a concern: Nitin Bhasin

FMCG could see earnings upgrade, but valuation still a concern: Nitin Bhasin

“If one were to go into such mechanical ways of valuation, it would be very difficult to one to say that where will we make money, but as again I go back to that, these are core holdings, these are defensive stocks, FMCG, and people are perhaps owning them for a shorter periods of time … Read more

Roshni Nadar Malhotra to become third richest Indian after dad Shiv Nadar gifts HCL stake

Roshni Nadar Malhotra to become third richest Indian after dad Shiv Nadar gifts HCL stake

Roshni Nadar Malhotra is set to become the third-richest Indian after receiving a 47% stake in HCL Corporation and Vama Delhi from her father, HCL Group founder Shiv Nadar, in a succession move. On March 6, Shiv Nadar formalized the transfer of his 47% stake in Vama Sundari Investments (Delhi) Private Limited and HCL Corporation … Read more

FIIs maintain aggressive selling spree in Indian market, sell equities worth Rs 66,600 cr in Jan so far

FIIs maintain aggressive selling spree in Indian market, sell equities worth Rs 66,600 cr in Jan so far

Foreign Institutional Investors (FIIs) have maintained a consistent selling trend in the Indian equity markets throughout January, being net sellers on almost every trading day this month, with total equity sales in the cash market reaching Rs 66,602 crore as of January 24th. The data has been procured from the National Securities Depository Limited (NSDL). … Read more

8 smallcap stocks that touched 52-week high this week, give up to 37% returns

8 smallcap stocks that touched 52-week high this week, give up to 37% returns

Friday’s market surge lifted the weak indices, ending the week on a positive note. Easing food inflation, A gradual easing in food inflation and a price hike by FMCG companies, along with a recent correction in valuation, supported the sector to outperform. Additionally, the expectation of an increase in US spending is propelling the IT … Read more

Dharmesh Shah on 2 sectors to bet on in a volatile market

Dharmesh Shah on 2 sectors to bet on in a volatile market

“Right now, it’s hard to say what to buy, but it’s best to wait for a reversal. Nifty has strong support at 23,800, with resistance around 24,600 to 24,700. Going short now is not advisable—any positive news could trigger a pullback to 24,500 or 24,600,” says Dharmesh Shah, ICICI Direct. Very interesting data point Soumeet … Read more

What to expect from IT sector going ahead? Dikshit Mittal answers

What to expect from IT sector going ahead? Dikshit Mittal answers

“The NBFCs which have been growing very-very fast and the segment which they have been growing, if it is a very-very high-risk segment, so to that extent one has to be cognizant where one is investing,” says Dikshit Mittal, LIC Mutual Fund. Firstly, to start off with, the RBI has continued to maintain its stance. … Read more

IT sector Q2 preview: Single-digit revenue growth seen, FY25 guidance may improve

IT sector Q2 preview: Single-digit revenue growth seen, FY25 guidance may improve

Indian IT companies are expected to report a single-digit revenue growth up to 4% in the quarter that ended on September 30, 2024 with the likelihood of positive commentary for the rest of FY25, according to estimates by three brokerages. The earnings season begins on Thursday, October 10 with the announcement of results by Tata … Read more

Fund Manager Talk | Growth stocks will continue to command premium: Vishal Jajoo

Fund Manager Talk | Growth stocks will continue to command premium: Vishal Jajoo

While it is not easy to find stocks at reasonable valuations in a bull market, Vishal Jajoo, Fund Manager – Equity, ITI Mutual Fund, says growth stocks in India would continue to command a premium for the visibility in earnings that they offer. “The risk of not being in the markets is much higher than … Read more

Fund Manager Talk | Worried about valuations in bull market? Nippon CIO on what to buy

Fund Manager Talk | Worried about valuations in bull market? Nippon CIO on what to buy

With valuations of stocks related to the investment cycle and policy reforms capturing the near term potential, Sailesh Raj Bhan, CIO – Equity Investments, Nippon India Mutual Fund, suggests investors can also consider alternatives in large banks, IT and QSR.“Cyclical themes like manufacturing, industrials trade at higher premiums with high growth expectations and low room … Read more

Looking for attractive valuation plus strong fundamentals? Financials is the answer, says Ramesh Mantri

Looking for attractive valuation plus strong fundamentals? Financials is the answer, says Ramesh Mantri

Ramesh Mantri, CIO, WhiteOak Capital AMC, says when we look at combined fundamentals and valuation, there are some sectors where fundamentals are very strong, but valuation is very high like industrials, capex related and then smaller industry segments like defence, electronics and manufacturing. The fundamental corporate earnings have been good but the valuation is high. … Read more