Bulls may be just getting started
With the domestic stock market at an all-time high, many are presuming that Sensex has peaked. But this Dalal Street veteran thinks otherwise. With the big push to infrastructure spending in the Budget, Sunil Singhania says a big capex cycle is in the offing over the next 3-5 years. Here’s more on what he thinks.
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How to rejig portfolio now?
In this interview, Raamdeo Agrawal goes on to say that your portfolio should have at least 50 per cent cyclicals and other new winners. Read here to know how cyclicals and industries are going to outperform IT and pharma in the near future.
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To exit or not? The million dollar question!
Most investors are like Abhimanyu, they know when to enter but don’t know when to exit the market. This happens when investors try to time the market which is an impossible feat to achieve except for the rarest of the exceptions. This money manager thinks there is a trick to beat this behavioural bias, and that is to hold the right mix of assets when the irrational market takes over. Here is more on this money manager’s take.
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8 red flags for EM stocks!
Investment banking giant Morgan Stanley sees eight red flags for the stocks rally in emerging markets. Few obvious indicators are a stronger dollar, the tightening of liquidity measures by China and the peaking of inflation rates globally. The firm’s strategists are, however, most bullish on India. Here is why.
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Valuation metrics losing relevance?
When speculators outnumber investors in the market, value investors have little chances of finding value bets. Michael Mauboussin, a Wall Street veteran, says value metrics such as book value have become less representative of the businesses today than they were in the past, as traditional metrics do not capture the roles of the intangible asset efficiently. Read his insights on value investing and the relevance of the metrics today
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