Page 2 - Market Insight

Devangshu Datta: Keep track of auto numbers

These should give a good sense of when the economy bottoms out

Devangshu Datta: Benefit from weak rupee, lower rates

Invest in stocks of export-oriented and capital-intensive companies'

Devangshu Datta: Equity must for sound returns over long term

Longer investment horizon reduces risk and volatility

Devangshu Datta: Betting on real estate

We could see a dip, followed by a recovery over two years

Samvat 2073: It's a field day for stock pickers this Diwali

Positives like room for earnings acceleration and comfortable liquidity could sustain valuations

Even this time it 'isn't' different

High valuations are riding on liquidity. A bear market can be triggered if the US Fed raises rates

Oil over-supply might continue

But, threats of supply disruption do remain and that could hurt India, given its import dependence

Counter-cyclical calls by funds

Many fund managers are betting on higher tourism flow and manufacturing in mid-cap space

Keep an eye on the fintech space

Investors cannot afford to ignore the disruption that will impact a wide range of sectors

Rupee could depreciate

A lower rupee might lead to a positive revaluation of export-oriented businesses

As absurd as it gets

Gadkari's statement on petroleum is reminiscent of the worst mistakes of the licence raj days

Dial D for disruption

RJio's aggressive plans will lead to significant impact on listed companies in this space

Making money gets difficult

An index P/E of 23 implies that the market is already discounting EPS growth at 20% or more

The bubble in infrastructure

Prices are hitting levels where double-digit growth would be required to justify valuations

Slowdown in hiring?

Outlook seems weaker in the east and the south and has marginally improved in the north

Mixed view on infrastructure

Data indicate the number of stalled projects has climbed in the recent past but there has been some progress in road building

Is currency fluctuation an opportunity?

If companies with foreign exposure are beaten down, investors could engage in bargain hunting

Stay invested but be ready to book profits

Reduce exposure if uncomfortable with current valuations

Consolidation inevitable in telecom sector

This year can be make or break for the industry. A big shake-out could be triggered by the auctions

Tightrope walk for next RBI governor

Managing Brexit, inflation and banking reforms, along with the political environment, will be tough