Kotak securities

Avoiding chemicals and cement stocks; new-age consumption stocks long-term bets: Pratik Gupta

by
Avoiding chemicals and cement stocks; new-age consumption stocks long-term bets: Pratik Gupta

Pratik Gupta, CEO and Co-Head, Institutional Equities, Kotak Securities, says Indian markets anticipate a stronger second half, fueled by the festive season and favorable monsoons, particularly benefiting rural demand. However, high valuations in consumer companies raise concerns. Consumer tech leaders like Nykaa and Honasa show promise for long-term growth, despite near-term challenges. Cement faces capacity … Read more

ETMarkets Smart Talk | Valuations ahead of earnings — Time for bottom-up value picks: Shrikant Chouhan

by
ETMarkets Smart Talk | Valuations ahead of earnings — Time for bottom-up value picks: Shrikant Chouhan

In this edition of ETMarkets Smart Talk, we caught up with Shrikant Chouhan, Head of Equity Research at Kotak Securities, to decode the current market setup amid rising volatility and persistent FII outflows. As Indian equities trade in a tight range with global uncertainties weighing on sentiment, Chouhan emphasizes the importance of bottom-up, value-driven investing, … Read more

FIIs sell Indian stocks worth Rs 31,000 crore in 3 days. Will it get worse?

by
FIIs sell Indian stocks worth Rs 31,000 crore in 3 days. Will it get worse?

A ‘Buy China, Sell India’ trade is getting played out in emerging markets as FIIs have sold Indian stocks worth around Rs 30,718 crores in the first 3 days of October. The sudden U-turn in FII strategy has been mainly triggered by the outperformance of Chinese stocks. “The Hang Seng index shot up by 26% … Read more

Investment scams: Kotak Securities issues advisory to avoid social media fake groups

by
Investment scams: Kotak Securities issues advisory to avoid social media fake groups

Investment scams surfacing on social media platforms are on the rise. Kotak Securities Limited (KSL) has issued a public advisory for its investors about such scams that are active on social media platforms like WhatsApp, Telegram, Facebook, and Instagram.  Investment groups on messaging apps like Whatsapp and Telegram are using well-known brands and professionals’ identities … Read more

Tech View: Profit booking likely at higher levels. Here’s how to trade on Friday

by
Tech View: Profit booking likely at higher levels. Here’s how to trade on Friday

Nifty on Thursday formed a Doji candle on daily chart, which indicates indecisiveness prevailing in the marketplace at current juncture. The short-term trend of Nifty continues to be positive amid high volatility. Having moved above the hurdle of 22,250 level (mid-part of Tuesday’s long bear candle) recently, Nifty could move towards the next upper hurdle … Read more

Tech View: Nifty forms long bearish candle. Here’s how to trade on Wednesday

by
Tech View: Nifty forms long bearish candle. Here’s how to trade on Wednesday

Nifty ended Tuesday’s session 6% lower at 21,884.50 to form a long bearish candle on the daily chart and also ended below short-term and medium-term averages. For traders now, 50-day SMA or 22,400/73,500 and 22,500/74,000 would be the key resistance areas while 21,600-21,300/71,000-70,200 would act as key intraday support zones. “We are of the view … Read more

22% ‘volatility crush’ on D-Street as exit polls scream Modi 3.0

by
22% ‘volatility crush’ on D-Street as exit polls scream Modi 3.0

D-Street fear index India VIX fell 22% to the day’s low of 19.12 on Monday after a screaming call by exit polls suggesting the return of the incumbent Bharatiya Janata Party (BJP) led NDA government. At 1:20 pm India Vix stood at 20.21, down by 17.85% from 24.60 on Friday. According to the average of … Read more

Tech View: Nifty forms High Wave candle. What should traders do on Saturday

by
Tech View: Nifty forms High Wave candle. What should traders do on Saturday

Nifty on Friday ended 62 points higher to form a High Wave type of candle on the daily chart. The index recouped losses of its previous week and is now eyeing reclaiming the lifetime high zone. The short-term trend of Nifty is positive and the next upside levels to be watched are around 22,700-22,800 levels … Read more

Tech View: Nifty may stage minor pullback. What traders should do on Friday

by
Tech View: Nifty may stage minor pullback. What traders should do on Friday

Nifty ended Thursday expiry weaker by 345 points as the index broke below both the lower boundary of its upward channel and the support of the 50-day exponential moving average (DEMA) around the 22,150 level. The daily chart saw the formation of a long negative candle. Nifty has been in a larger range movement of … Read more

Why HDFC Bank remains a preferred pick of top brokerages

by
Why HDFC Bank remains a preferred pick of top brokerages

Notwithstanding high competition in the Indian banking sector, the largest private lender HDFC Bank remains a frontrunner for top brokerages like Kotak Institutional Equities and Motilal Oswal. The potential upside for the share is 20% and it could earn investors over Rs 320 per share. Motilal Oswal: Buy | Target: Rs 1,950 | Upside: 22% … Read more