Will FIIs start selling IT shares after banks?

Dimension Corporate Finance Services Ajay Srivastava says that after selling bank shares, FIIs can now start selling IT stocks as the sector has seen a lot in recent times. Edited excerpts from a conversation with ET Now: Is this really an opportunity to put your money on the market right now or do you believe … Read more

Abhishek Basumalik is confident of 18-20% returns with a horizon of more than 3 years. why over here

“Once the growth comes back in the economy, everything starts going back to normal to pre-covid times. We can see a lot of industries doing well. We are going to have a large and long-term infrastructure, like engineering could be at the center of the game, probably for the next four-five years,” says Abhishek Basumallick, … Read more

Firing on highest number of cylinders in India; Real GDP growth in double digits possible: Ashutosh Bishnoi

“Our SIP books are increasing manifold. Our own book has more than doubled in the past year and is saying something that is making the pandemic count. Clearly this is a force that has been here for a long time to come and we are seeing it as a very enduring force across the country. … Read more

The market will have to give a reality check in the next quarter; Higher valuations can lead to inflated effect: Vikas Kumar Jain

“Until we have a third wave, COVID stops being an excuse. If COVID stops being an excuse, we really start to be able to see what the COVID economy looks like. In the market Pickup may be slower than expected,” says Vikash Kumar Jain, investment analyst, CLSA India. We have been on the wrong side … Read more

Nifty 50 expects 34% profit growth for March ’22; 15% for March ’23: Sanjeev Prasad

Sanjeev Prasad, MD & Co-Head, Kotak Institutional EquitiesLet’s say bottom-up match for each sector, each stock and see what the price value equation is. If it makes sense, the shares may be viewed favorably. If the bottom up fair value is 100, the stock price is 150 or so, why bother with such companies? This … Read more

Sensex breaks 500 points: Inflation threat and what is scaring D-Street

New Delhi: Benchmark indices made a cautious start on Thursday after US inflation hit a 30-year high, raising fears of an earlier hike in interest rates in the world’s largest economy. Such fears could accelerate foreign outflows and trigger higher volatility in emerging markets such as India. All this was reflected in the fear gauge … Read more