In the latest episode of ETMarkets Smart Talk, Sandip Bansal, Deputy CIO at ASK Investment Managers, weighed in on the surge of new IPOs hitting the market. While the influx of fresh listings provides investors with a wider array of opportunities, Bansal cautioned that selectivity is crucial. He emphasized the importance of evaluating valuations and … Read more
The recent surge in Initial Public Offerings (IPOs) has investors excited, but market experts are urging caution, especially in the unlisted space. ET Now spoke with Sunny Agrawal from SBI Cap Securities to understand whether valuations in the unlisted segment have stretched and if investors should be careful. Sunny Agrawal said, “In the unlisted space, … Read more
Shares of Gujarat Mineral Development Corporation (GMDC) continued their strong upward momentum, surging 35.5% so far in September and touching a fresh 52-week high of Rs 547 on the BSE on Monday. The rally has been supported by robust investor interest, sectoral tailwinds, and optimism surrounding the company’s rare earth mining initiatives. The PSU stock … Read more
Silver has emerged as the clear favourite among experts, with many betting it will finally break its four-year jinx and outpace gold in 2025. The white metal is already ahead with 42% year-to-date gains versus gold’s 36%. Both precious metals are posting their strongest performance in seven years, far outshining equities and even Bitcoin — … Read more
In this edition of ETMarkets Smart Talk, we caught up with Shrikant Chouhan, Head of Equity Research at Kotak Securities, to decode the current market setup amid rising volatility and persistent FII outflows. As Indian equities trade in a tight range with global uncertainties weighing on sentiment, Chouhan emphasizes the importance of bottom-up, value-driven investing, … Read more
Sagility India is a fast-growing IT midcap added to Jefferies’ model portfolio by trimming exposure to Infosys. The brokerage projects 28% EPS CAGR, the highest among its peer set, driven by margin expansion, Broadpath synergies, and deleveraging. Even after a recent rally, the stock trades at 28x FY26 PE, a 20–30% discount to comparable BPM … Read more
After a sharp rally in Indian equities, concerns are mounting over stretched valuations in certain pockets of the market. In this edition of ETMarkets Smart Talk, Ram Medury, Founder and CEO of Maxiom Wealth, shares his cautious view on midcaps, smallcaps, and the IT sector, which he believes are beginning to look overheated. While the … Read more
In a market where the Nifty trades at 20 times FY27 PE, the immediate reaction is often to cry “overvaluation” based on historical standards. But Pankaj Pandey, Head of Retail Research at ICICI Direct, argues this approach is fundamentally flawed. The veteran analyst contends that India’s benchmark index has undergone a structural transformation that renders … Read more
Making adjustments to its model portfolio, domestic brokerage firm Kotak Institutional Equities has increased the weight of InterGlobe Aviation (INDIGO) by 100 basis points to 250 basis points and Pidilite Industries (PIDI) by 40 basis points to 190 basis points. Meanwhile, Dabur witnessed a decrease in the weightage. According to the domestic brokerage firm, both … Read more
“If not on the earnings, definitely on the valuations. So, I think that investors now again need to get extremely cautious and from a buy-on-decline kind of a strategy, now you should be trying to shift to a sell-on-rise strategy,” says Dipan Mehta, Director, Elixir Equities. As an Indian investor, what do you do, I … Read more