Analysts are bullish on equities viz-a-viz gold for Samvat 2077, as 50 percent of respondents believe gold will underperform equities and 37.50 percent believe gold will outperform. The remaining 12.50 percent are not sure about it and they are positive on both gold and equities. … [Read more...] about Positive momentum to continue in Samvat 2077, Sensex to trade above 43k: Analyst poll
“There are a couple of strong growth enablers: one, India’s robust rural market in general, and two, the potential market share gain in global manufacturing stemming from the anti-China sentiment,” Amar Ambani, Senior President and Head of Research - Institutional Equities at YES SECURITIES told Moneycontrol. … [Read more...] about 44,000 on Sensex: Where is the index headed – 50,000 or 100,000?
The legendary investor Warren Buffett famously said that diversification is for the ignorant and for those who do not know what they are doing. In fact, you cannot create wealth by investing in multiple stocks; what you need is a concentrated stock portfolio. While this logic is true, it may not apply to you, unless you are an investor like Buffett or Rakesh Jhunjhunwala, whose main business is investing, isn’t it? You may have your other business or job to take care of, so while Buffett does not need to diversify, you need to, because you may not have an army of people monitoring your investments in terms of what and when to buy, and when to sell. … [Read more...] about Sensex at 44,000: Five wrong reasons to invest in equities now
With the acquisition of branded formulations business of Unichem Laboratories, Torrent is expected to strengthen its presence in the domestic market with further expansion in the chronic portfolio. In addition, recovery in US business will drive their growth going ahead. … [Read more...] about Sensex may reclaim 36K in 2018; These 4 stocks can be multibaggers in 2-3 years
"Nifty by next Diwali can touch 14,000. Markets have discounted FY22 earnings already and if earnings visibility improves, 2023 earnings will start getting factored. So, for FY23 Nifty earnings could easily cross Rs 700 and in that scenario a 14.000 on the Nifty index looks very likely," Kulkarni said. … [Read more...] about Samvat 2077: Will it be a year of gold or equity?