“Investors are beginning to kind of understand that. Second, and possibly more importantly, we are also seeing earnings estimates continue to come down, during this just concluded result season, we are in the last few days of it,” says Manishi Raychaudhuri, Veteran Investor In Asian Equities. First up, I want to get a broad sense … Read more
“I think investors are beginning to understand that there are cheaper alternatives which give them similar growth profile, similar earnings growth profile in the medium term but available at far lower valuations,” says Manishi Raychaudhuri, Veteran Investor In Asian Equities. They say that if you are a long-term bull, ETF is the best and the … Read more
“If I look at, let us say, the Sensex or Nifty, they are trading at about 24 times one year forward PE, 15% to 20% higher than the long-term averages. In the small and in midcaps, the valuations are much more egregious,” says Manishi Raychaudhuri, Veteran Investor.What could be really the red flags out there … Read more
We remain positive on the Indian private sector banks, particularly the retail lending private sector banks and not so much on the retail lending NBFCs, says the Asia-Pacific Head of Equity Research and Asian Equity Strategist, BNP Paribas. It has been a one-way move up for markets, not just back home in India but globally … Read more