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Market veteran Madhu Kela advises investors to focus on bottom-up ideas and segregate research from execution. He is bullish on India's long-term prospects, citing favorable macro parameters. Kela highlights opportunities in select sectors and stocks, particularly NBFCs, due to improved regulations and liquidity. He suggests that range-bound markets are ideal for stock picking, identifying potential multibagger stocks.
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Sales volumes in May saw their biggest monthly fall since December 2023.
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Quant Mutual Fund's CIO, Sandeep Tandon, anticipates India's PE multiple to remain elevated until 2047, driven by a demographic peak and a shift in investor perception. He highlights the rise of entrepreneurship and financial inclusion as key factors, with retail investors playing a significant role in driving market growth.
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News and Media
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