“I mean individual positions yes, but otherwise I still think it is well contained and every quarter, every four-five months we see a situation where markets do correct or there is a correction of 5% to 10% which is relatively short lived and it bounces back,” says Nilesh Shah, Envision Capital. Josh and hosh right? … Read more
Mumbai : Samvat 2081 kicked off on a firm note as the country’s stock benchmarks gained nearly half a percent in Friday’s 60-minute Muhurat trading session, marking the start of the Hindu New Year. The Sensex closed at 79,724, up 335 points or 0.42%, after advancing as much as 634 points. The Nifty ended 94 … Read more
Sorbh Gupta, Senior Fund Manager – Equities, Bajaj Finserv AMC, has aligned his portfolios towards higher large-cap exposure where the risk-reward looks more favourable. “We see good opportunities in Consumer Staples, Mass Consumption, Consumer discretionary, and the Pharma Space. These sectors can help mitigate impact on the portfolio from sharp volatility in the near term, … Read more
“We anticipate the early phase of Samvat 2081 to be marked by volatility due to moderation in corporate earnings and contraction of India’s premium valuation,” says Satish Menon, Executive Director, Geojit Financial Services.In an interview with ETMarkets, Menon said: “The current market dynamics are favourable for gold, driven by a number of factors including rising … Read more