India emerged as a friend and consensus builder in the world following its successful G-20 presidency, stated the External Affairs Minister.
There is sharp build-up near 22,000 Call open interest indicating big players are not expecting this level to be broken easily over next few days on the Nifty 50.
For equity markets, there are many unseen risks especially in developed market bonds that could easily escalate or any kind of conflict could spread to other parts of the world, says Abhishek Banerjee.
Sanjay Chawla of Baroda BNP Paribas Mutual Fund remains constructive on OMCs as they are trading at reasonable valuations.
The charts of heavyweight stocks, i.e., HDFC Bank & ICICI Bank in Nifty Private Banks index, are exhibiting promising signs, says Sudeep Shah of SBI Securities.
Ability of individual companies to deliver earnings growth and sustain the outlook implied by their current valuations, would be a bigger driver of re-rating in coming quarters.
Amit Jain of Ashika Global Family Office Services said he would avoid auto sector at this moment of time.
The overall market will remain sideways and bottom-up stock picking riding on earnings would be a prudent investment policy, says Unmesh Sharma of HDFC Securities.
After the strong earnings over FY23-24, growth in FY25 is likely to be muted, in mid-teens, says Siddharth Bothra of Ambit Asset Management
Divam Sharma of Green Portfolio is underweight on banking and says he will wait for valuations to slim before adding major exposure
Everything we've heard from Fed officials so far suggests the median would still be three rate cuts and the June cut is still on the table
Electric vehicles and semiconductors are the sunrise sectors but a lot of their potential has already been priced in, the Samco Group founder and CEO says
Rajguru feels domestic manufacturing will remain a key focus area of the government, both for import substitution as well as positioning India as a ‘factory to the world.’ That will not only help in employment generation and overall development, but also support the currency and help revive private capex.
Bank Nifty is in positive zone and we are optimistic that the index can touch the levels of 50,000 over coming weeks, says Ashish Kyal.
Valuations are far from cheap in the consumption space vis-à-vis the growth potential for the consumption companies, says Ashwini Shami of Omniscience Capital.
Union Minister Vaishnaw said PM Modi’s third term will see manufacturing as a major economic activity.
Banking is a core sector of the economy, and its health has implications for the overall well being of the economy, says Srinivasan Ramamurthy of HDFC AMC.
Sinha says that perhaps women from the coal sector can be re-skilled to become technicians in RE projects. ReNew has re-skilled salt pan workers to work as solar technicians.
For Bharti Sawant of Mirae Asset, equity mutual funds stand out given the ease of investments, transparency and being tax efficient.
Being passionate about derivative after a decade of struggle, Shilpa Rout, Derivative Lead Analyst and AVP – Research at Prabhudas Lilladher, suggests taking Bull Call spread on Nifty monthly expiry with buying 22,500 CE buy and selling 23,100 CE.
One can go with Bull Call Spread to play the expected 500 points in Nifty and 1,000 points in Bank Nifty, Shivangi Sarda advised.
Centrum continues to remain constructive on IT space and believes it’s a good long term bet, says Manish Jain
Tridib Pathak expects FY25 to be a good year for markets. India’s narrative is changing and is changing fast and for the better, he says as he picks four sectors to especially do well in the new financial year. Read on
Highlighting the resilience of the two-wheeler industry, Bajaj expressed optimism about the industry's performance, noting that it is "doing rather well."
Rego say risks to the outlook the market are mostly external — uncertain geopolitical environment, spike in oil prices and a slowdown in the global economy