“I think that way there is a slight set of headwinds. But I feel given the criteria that RBI seems to be talking about from MFIs and from NBFCs that are lending to retail whether cutting down on usurious loans being made through say digital channels or something like that, there is a potential that … Read more
“I think the broader call one will have to take only post getting the clarity on the earnings picture. But my overall view is that the Nifty or the largecap companies by and large should hold out. I do not see a reason for a significant downward correction as far as the Nifty and the … Read more
“Even if you invest in five and only one or two succeed, they could still pay off under a risk-reward framework. So, it’s a combination of excess liquidity and the clearer path to profitability you mentioned,” says Sunil Subramaniam, Market Expert.The list of stocks is getting quite extensive. Do you think one of the reasons … Read more
“The Nifty IT sector has faced downward pressure for the past few days. However, stalwarts like TCS and HCL Tech exhibit resilience on longer-term charts, suggesting potential buying opportunities amid corrections. We remain watchful of Nifty IT’s ability to hold the 100-day moving average; sustaining above it could signal further buying interest,” says Rajesh Palviya … Read more
NEW DELHI: Domestic brokerage firm Kotak Institutional Equities has reduced stake in four IT stocks – , TCS, and – and picked speciality chemical stock SRF in its model portfolio. “We include SRF (150 bps) bps) in the portfolio. SRF stock is trading at 25.2X FY2024E EPS and its valuations have become more reasonable after … Read more