“The best part about banks is that they have handled the entire tightening cycle very well in terms of managing NPA on their books. So, as the easing cycle plays out and because the book quality remains good, we will see better credit growth although margins get hit in the short term as the rate … Read more
“Stocks like L&T, despite no significant negatives as such, has fallen more than 20% from the top, so that offers value. Auto stocks are at reasonable valuations. The only issue there is now related to the tariff news, etc. So, over the next two-three weeks that would get clearer and that could give opportunities out … Read more
“We think that the FIIs selling is happening in India only. Actually, if you see figures across the board, you will see that it is happening across emerging markets,” says Sandip Sabharwal, asksandipsabharwal.com.There was a fear, there was anxiety, there was curiosity in the market yesterday that what essentially will come out from Prime Minister … Read more
“Fundamentally, the result delivery, especially from Nifty companies has been pretty decent, like most of the heavyweights have reported either good or in line numbers, disappointments are few and far between,” says Sandip Sabharwal, asksandipsabharwal.com.It is going to be quite the lifetime experience, I guess, this week also for markets. A) the market positioning, the … Read more
“The government knows that there is a slowdown, but still the government capex, government spending has not picked up. Now what is leading to that, why this stagnation is there, and what is their thought process it will become clear in a week when the budget comes in,” says Sandip Sabharwal, asksandipsabharwal.com.What could be interesting … Read more
“We need to just, if there is some dip, if there is some fall in some stocks which we think should do well over the long term, just buy them on dip days and keep on accumulating because firstly, no bear market is imminent and secondly, markets did give a reasonable correction and I do … Read more
“What the reaction of the global markets will be to US elections and whoever wins is tough to say. It is unpredictable, so I think that is something we need to watch out for. But from the Indian largecap, Nifty and Sensex, my personal view is that downside, if at all from the current level, … Read more
“Mutual fund figures for I think the last month are still to come out, but they should be healthy. So, there are flows into mutual funds, PMS, AIF, etc. So, I think that keeps the market buoyant. On the other hand, we are also seeing huge supply these days, like on a daily basis now … Read more
“Non-life insurance space has been growing decently, especially the growth shown by companies like ICICI Lombard, etc, have been quite strong and that is also reflected in the stock price movements. Non-life has been doing better than life. And I think vis-à-vis the two spaces I think that is the better space to be in,” … Read more
“The situation was never as good in the Indian aviation market as it is today because there are effectively only two large players, Vistara Air India combined and InterGlobe Aviation,” says Sandip Sabharwal, asksandipsabharwal.com.Let us get stock specific then and get in your take on the entire chemical sector, brokerages are of the view that … Read more