“We are monitoring how NBFC sector copes with liquidity crunch in the system.”
“RBI steps to ease liquidity could see better participation by banks in NCDs.”
“Expect more than value correction in consumption stocks in next 12 months.”
Growth concerns in markets are valid currently. Balance of payment deficit is a big overhang for Indian economy. Seeing a lot of positives for growth in India amidst the challenges, says Neelkanth Mishra of Credit Suisse
If you squeeze liquidity in a fast growing space like NBFC, you may create an IL&FS kind of situation, N Jayakumar, MD, Prime Securities, tells ET Now.
“We may find 10,200 difficult to break but one could find a panic bottom in 9,800-9,900 range.”
The stock corrections have mostly been sharp and sudden.
Wherever there is growth, the market is bound to pay a premium.
Analysts point out that banking and automobile sectors received severe battering last month.
Out of 416 open-ended, onshore equity funds, 401 have lost money this year.
Gold is likely to reclaim $1,330 an ounce mark on Commex and Rs 33,500 on MCX.
Shares of Tata Sponge and MM Forging plunged 20 per cent and 10 per cent so far in 2018.
The scrip has already surged 1,000 per cent in five years – mainly in last 18 months.
One of the important point is the need to invest at regular intervals.
General elections in India are due in April-May 2019 to constitute the 17th Lok Sabha.
“Smaller HFCs get more affected by any tightness in the market.”
“For sovereign bonds, it is going to be life as usual, tracking crude prices and INR.”
“Even after correction, multiples are still not cheap enough to buy at the current level.”
"IL&FS default revealed a larger problem of asset-liability mismatch, prevalent across many NBFCs & HFCs."
“In the age of Netflix, margins are going to be very difficult to protect for likes of PVR.”
“Cherry picking in both debt and equirt categories make a lot of sense now.”
"We expect a very substantial growth in micro finance biz in next 2 quarters."
NBFCs were filling the gap in absence of lending by PSUs. We need to come back and that is what we are doing and this is the opportunity to lend fresh and buy back the portfolios from NBFCs, Rajnish Kumar, Chairman, SBI, tells Supriya Shrinate of ET Now in an exclusive interview.
“In the near term, elections would be the next trigger for markets.”
Global market guru Howard Marks on Wednesday rubbished the practice among brokerages to make forward-looking projections, saying “ it is not possible to know what is going to happen tomorrow.”