Page 15 - Market Interviews

We don't sense any significant nervousness among investors: Saion Mukherjee

Sticky inflation and delay in rate cuts by the US Federal Reserve can emerge as a concern for the markets

Stick to planned allocation, no asset class merits going overboard: Shanker

Shanker discusses how the wealth management firm is rebalancing client portfolios and scaling back small and midcap allocations to desired levels

There appear to be no US excesses for severe contraction: Bruce Phelps

In the US market, one major challenge is high rates on short-term deposits, standing at 5 per cent, a vast improvement from 0 per cent returns that investors endured for many, many years, Phelps said

'Markets started building NDA's win in general elections in December 2023'

Inauguration of Ram temple in Ayodhya, weakening of the opposition coalition, etc. had further cemented hopes for the same.

India's valuation premium justified, can sustain if not expand: Rahul Singh

Singh mentions that the only headwind for the market could emerge on the rural demand front

PSUs would likely outperform in the next 12 months: Manish Sonthalia

There is still great value in PSU banks, defense, oil marketing companies, and select monopolistic PSUs in the mining and minerals space

Smallcaps not in extreme bubble territory: IIFL Securities chairman & MD

Venkataraman observes that markets will also receive support from monetary easing globally

Moderation in earnings growth may weigh on equities this year: Vinit Sambre

Sambre says while equities may do well in the long-term, it would be prudent for investors to reassess their asset allocation and bring it in line with their risk profile

March Fed pivot ruled out, May rate cut less likely: Vikram Sahu

Sahu says the US elections and Fed pivot will benefit emerging markets (EMs) this year

'Investors should have balanced portfolio via flexicap, multicap funds'

Calendar 2024 will likely be a year of transitions. In 2023, the debate in the market was mostly around the completion of interest rate hike cycle, but this year it's about elections

Valuations elevated, but earnings growth provides comfort: Anish Tawakley

Tawakley expresses confidence in domestic cyclicals driving future performance

The next few months are likely to see increased volatility: Shiv Sehgal

Valuations of midcaps and smallcaps have reached very high levels, and hence to that extent leave little margin of safety, Sehgal said

In an election year, markets typically flourish, says Arbind Maheswari

Historically, the markets tend to perform well during election years as governments aim to increase spending and call attention to growth, he said

Commendable eschewal of populist schemes: Motilal Oswal Fin Services CEO

Oswal states that buoyant economic activity, declining input costs, and strong corporate earnings growth will keep sentiment positive

High starting valuations dampen equity outlook in 2024: Neelesh Surana

Neelesh Surana expresses concerns over the quality of rally in certain smallcap pockets

Upbeat on debt market amid rate cut hopes, index inclusion: Mihir Vora

Vora says investors should look at longer duration to benefit from the decline in interest rates

Higher valuations the only spoiler for equities this year: Kenneth Andrade

Andrade says apart from valuations, the risks could emerge on the geopolitical front

Stable macro, elevated earnings growth to support equities in 2024: Chawla

First half of the current financial year witnessed strong earnings growth of about 30 per cent for the Nifty50 index, says Chawla

Valuations stretched and time or price correction likely, says Ajay Tyagi

Tyagi says private banks, consumer services and consumer discretionary look attractive even as the market has turned expensive across most of the segments

Eyeing Rs 100 trn AUM, 100 mn investors by 2030 for mutual funds: Amfi CEO

The mutual fund (MF) industry has achieved scale in recent years but there is still a long runway for growth, says Venkat Nageswar Chalasani in an interview with Abhishek Kumar