2022 belonged to auto and financial stocks: Ishmohit Arora
So broadly I will say you can classify businesses or stocks into nine categories. There is a very interesting classification given by Mr Peter Lynch in his book One Up On Wall Street and he has talked about stocks of being in six types and we have added three more on top of it.
Look at asset allocation afresh, do not keep near term money in equity: Rajeev Thakkar, PPFAS MF
“Going forward, one has to be extremely mindful of the valuations that one is paying for companies that we are buying or even the companies that are in the portfolio of people. People should take a hard look at the valuations, cash flows in the near term and not just depend on future promises. If we keep these two points aside, things are pretty normal.”
Majority of Indian stocks disappoint post MSCI inclusion, shows Nuvama Research study
A study from Nuvama Alternative & Quant Research suggests that on adjustment day, 52% of the time fresh inclusion names have settled flat while 48% of the times they have closed in the red, indicating the higher rebalance volume is matched by the sell flow of event traders and long only fund managers.
Axis Bank among 20 stocks that made crorepati investors richer last month
While ICICI Bank and HDFC Bank are among the top two consensus picks of both brokerages as well as mutual funds, PSU banks have been outshining amid solid growth in their corporate loan books. Global brokerage BofA Securities says PSU banks have been narrowing the gap with private lenders on many metrics. It sees Bank of Baroda leading the way due to a diversified/safer book and a more advanced digital strategy.
Richie rich pump over Rs 15,000 crore in ITC, Titan, 8 other stocks in Q2
At the end of the second quarter, HNIs had backed 1,718 companies. However, despite net inflows of Rs 5.6 lakh crore during the quarter, their holding in Q2 declined to a nearly 2-year low of 1.90% quarter from 2.08% at June-end.
The changes in constituents for the MSCI global standard indices will take place on November 30. These changes are expected to result in a flow of a little over $1 billion, or around ₹8,300 crore, into these six stocks by the end of this month, according to an estimate by IIFL Alternative Research.
MSCI rejig brings Zomato, 6 other Indian stocks under investor lens
It has been noticed that 1-2 months after the rebalance, on average, 60% of the time stocks settled with losses. “Barring Adani Group stocks, most of the other inclusion names have traded in a narrow range up until six months post-rebalance,” Nuvama said.
MSCI rejig may see Rs 8,300 crore inflow in six stocks
The changes in constituents for the MSCI global standard indices will take place on 30 November. These changes are expected to result in flows between $132 million and $ 207 million into these six stocks by the end of this month, according to an estimate by IIFL Alternative Research.
ETMarkets Fund Manager Talk: Rs 30,000-cr fund manager likes large private banks and power sector; here’s why
"To manage volatility in the fund, it is important to match the investment horizon of investors with the average holding period of the funds investments. This is something that we at PPFAS Mutual Fund have been very vocal about. In most of the marketing collaterals, we have put a stamp that says, “This scheme is suitable for investors who can remain invested for at least 5 years. This helps in weeding out the short-term investors," says Raj Mehta.
Tube Investment, ABB, Varun Bev, IHCL likely to enter MSCI index
Tube Investments of India, which rallied 65% in the last six months, could see an inflow of $200 million, while Indian Hotels and Varun Beverages could see inflows of $190 million and $180 million, respectively.
ETMarkets Smart Talk: Gaurav Dua of Sharekhan handpicks 10 high conviction buy ideas
“Some of our high conviction buy ideas as of now are: M&M, Eicher Motors, Titan, ITC, Oberoi Realty, HAL, Bajaj Holdings, ICICI Bank, Axis Bank, Bank of Baroda, Kirloskar Oil Engines," says Gaurav Dua - SVP, Head - Capital Market Strategy – Sharekhan