“I think most of the MFI-focused companies are trading at somewhat distressed valuations. And there were two comments, specifically, one that the RBI has clearly stated that they see easing stress on the unsecured loan book, so that is overall good for the financial sector, especially for NBFC and more specifically for MFIs,” says Sandip … Read more
“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
“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
Sandip Sabharwal, asksandipsabharwal.com, says “there is no missing the bus in the stock markets. You miss the bus, another bus comes after some time, you catch that. So, this entire FOMO thing is bad for health. Secondly, I am not predicting a major fall in the market. I do not think that the economic outlook, … Read more
“KPIT had a different story going for it because of their work on the EV automation side and the kind of order flows they were getting,” says Sandip Sabharwal, asksandipsabharwal.com.Although there may be two holidays this week, it is a pretty critical one. You have that surprise move by OPEC, RBI policy, the cue for … Read more
“I think the larger private sector banks have also consolidated for a long time. So I think they also present good opportunities, stocks like ICICI, Axis, or even if you want to take a higher risk, instead of taking it on a PSU bank, you could take it on a bank like IndusInd Bank, etc,” … Read more