Market expert Sandip Sabharwal highlights banking sector challenges with deposit growth and liquidity. NBFCs show promise, with specific names mentioned. The QSR space faces subdued consumer demand, leading to mergers and investor exits. Future performance hinges on demand revival and cost management. This analysis covers current trends and future outlooks.
Jefferies expects limited surprises in the FY27 Union Budget, with the government sticking to fiscal consolidation while focusing on defence-led capex and targeted consumption support. The FY27 fiscal deficit is seen around 4.2% of GDP, though a higher 4.4% could signal a growth push, supporting equities but pressuring bond yields.
Retail-dominated Indian stocks have experienced significant declines, with top performers crashing up to 43% since June 2024. This sharp correction, particularly in stocks with high retail ownership, highlights the vulnerability of crowded trades when market momentum shifts. Several prominent companies across sectors like infrastructure, green energy, and IT have seen substantial losses.
Indian stock markets are experiencing weakness. Experts advise investors to focus on companies with strong earnings growth. The auto and auto ancillary sectors show promise. Mid-sized banks are also performing well. Investors can find opportunities in quality stocks for medium-term gains. Long-term investors can look at sectors like steel.
As of January 19, seven stocks in the NSE F&O universe saw a notable surge in futures open interest, with total open interest rising by over 10% compared with the previous trading session. A sharp increase in futures open interest indicates a rise in the number of active, unexpired contracts in a security. This trend suggests growing participation, with traders either initiating fresh positions or adding to existing ones in the futures market.
Ace investor Dolly Khanna has adopted a cautious approach in Q3 FY26, trimming stakes in five stocks and potentially exiting one. She has also added IFB Agro Industries to her portfolio. This move comes amid a generally cautious market sentiment.
