Key Points
Sandeep Raina, executive vice president - research, Nuvama Professional Clients Group, says he is not worried much about the market crash on Wednesday..
It is not something to be worried about because one, a lot of participants had already expected these kinds of things to happen...
If the companies are growing at 20 odd percent irrespective of what is happening in the market and giving good ROCE of about 20 odd percent, doing good cash flows, I do not think we should be worried...
When you write the report and the stock is up 30% in just one month, the margin of safety comes down but these are the markets when actually you get lot of time to do a lot of good research and invest in good stocks and then you get time also to actually do more investing in those kind of stocks..
It is just that it has done well and they will continue to do well because there are a lot of people wanting to buy actual houses and the good part is that the affordability has improved significantly in the last two years and that is a very important thing to understand and that is a very important lever for us..
You might be interested in
Maruti and UltraTech like Virat Kohli and Rohit Sharma, good to have in your portfolio: Hemang Jani
24, Oct, 23“There is a mini bubble in the broader market and one needs to be selective about that. Do not be too quick to jump into an index which has gone up 35% and stocks that have gone up 3X-5X. Okay, the stock has corrected 5%, 10%, let it stabilise, do some homework and then start nibbling.”
Got IREDA and Tata Tech stocks? Long-term hold or sell on listing?
30, Nov, 23“The sector that IREDA is in, is clearly a monopoly or rather an oligopoly. It enjoys a durable competitive advantage. My sense is people who have got an allotment will hold on to it. Yes, there are a lot of listing gains; people would take on that but these are companies which over the longer term create good wealth.”
We need to change our approach to market this year onwards. Nimish Chandan explains why
21, Feb, 24Nimesh Chandan, CIO of Bajaj Finserv Asset Management, believes that the markets have reached fair and higher than reasonable valuations. A change in approach is necessary, and investors should look for bargains in undervalued areas. The paint industry is experiencing an influx of new players, which may impact existing players' market share and valuations.