The healthcare sector has the potential to deliver robust returns as incremental-pricing-related challenges are going to get resolved, believes Vrijesh Kasera, Senior Analyst and Fund Manager, Mirae Asset Mutual Fund.In a candid interview with Moneycontrol, Kasera said that incremental-pricing-related challenges cannot persist for long term and any industry cannot survive in a suppressible pricing environment.Hence, the fund house believes that no government can afford shortage in healthcare services in their country.Close Kasera also emphasised on the proposed central government initiative on insuring ~10 crore households with Rs 5 lakh each, through “Ayushman Bharat” program, which would open up a big opportunity of growth for the Indian healthcare industry. related news Kiran Mazumdar Shaw settles alleged insider trading case with Sebi in Infosys matter Fiat Chrysler to recall nearly 700,000 SUVs for electrical fault risk OYO … [Read more...] about Mirae Asset MF’s Kasera says healthcare sector to generate good value over 3-5 years
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The recent sharp rally in paper stocks following the government's pledge to eliminate single-use plastic has made investors sit up and take note.Many are of the opinion that the government’s shun-plastic push has brightened the prospects of paper companies. But, analysts and industry watchers are less convinced with this rally.The government has pledged to eliminate single-use plastic by 2022. As per reports, a nationwide ban on single-use plastic, including bags, cups and straws, could come as early as on October 2, the 150th birth anniversary of Mahatma Gandhi.Close Since August 15, when Prime Minister Narendra Modi urged citizens to give up single-use plastic by October 2, 20 paper stocks have surged over 10 percent as of September 11 on BSE. related news Sensex at record high but midcaps likely to generate wealth; 20 stocks to bet on Technical View: Nifty forms Doji pattern, record high likely if index closes above 12K Sensex hits a new high, 4 factors that could … [Read more...] about 20 paper stocks up 10% since Aug 15. Will it hold?
“How about this, it’s fucking Christmas, and your whole family goes on vacation and they forget their eight-year-old fucking son.” advertisement advertisement Sound familiar? If you said it sounds like a (salty) adult’s retelling of the plot line of Home Alone, you’re getting warm. It’s actually Macaulay Culkin himself who’s doing the retelling, playing the grown-up version of Kevin McCallister in a new digital series :DRYVRS, created, written by, and starring Jack Dishel. In the episode that debuted this week, “Just Me in the House by Myself,” Culkin is just one of the drivers that Dishel meets using ride-sharing apps. In an immediate twist, Culkin confesses he doesn’t actually know how to drive, he’s just taking over for his wife who’s done “too much blow” the night before. Dishel takes the wheel while Culkin rides shotgun. The two strike up an uneasy conversation prompted by Dishel’s … [Read more...] about Inside :DRYVRS, The Digital Series That Brought Macaulay Culkin Back to “Home Alone”
Domestic mutual funds are lining up schemes that invest in pharmaceutical companies and healthcare to tap the potential upside after the sector got battered in the last 3 years.Fund managers believe valuations of pharma companies is cheap, given their prolonged underperformance in the past three years leaving room for significant potential upside.After underperforming benchmark equity index during the last three years, the Nifty Pharma index has shot up 14 percent in June so far, while Nifty is up around 1.17 percent.Close ICICI Prudential Mutual Fund and Mirae Asset Mutual Fund have already launched their pharma and healthcare funds, while Aditya Birla Sun Life Mutual Fund has sought the Securities and Exchange Board of India’s approval to launch the same.Himadri BuchAssistant Editor|Moneycontrol.com How Muthoot Finance can leverage its IDBI AMC buyEssel Group stake sale in Zee: Will it release logjam for MFs?SEBI move to up minimum PMS investment could benefit mutual … [Read more...] about This week in MF: Fund houses line up pharma, healthcare funds to tap sector potential
Indian market created history yet again on November 20 when the Sensex hit a new high of 40,816, while the Nifty had a touch-and-go moment with 12,000, just 120 points shy of its best-ever performance of 12,103.So, what should be the trading strategy? Is it time to buy the fear in the small and mid-cap space or stay with steady large-cap stocks?The answer lies in your risk-taking ability. Even though the market valuations look stretched, largecaps could still be in favour. However, value buying could be seen in select mid and small-cap stocks, say experts.Close The market is at record highs and valuations have been stretched since the last quarter. The broader markets are still significantly lower from their highs as Small and Midcap indices are still down by about 20 percent from their record highs. related news Don’t miss! Stocks from life insurance and AMC likely to be included in Sensex & Nifty Banking set to see a recovery, life insurance the next big sector: … [Read more...] about What should be your strategy, buy largecaps or chose from mid & smallcaps?