Expert view: Market outlook bright; positive on manufacturing, capital goods, exports, says Dikshit Mittal of LIC MF

Expert view: Market outlook bright; positive on manufacturing, capital goods, exports, says Dikshit Mittal of LIC MF

Dikshit Mittal, a fund manager and senior equity research analyst at LIC Mutual Fund Asset Management, believes the overall market outlook remains positive due to reasonable valuations, broad-based earnings growth, stable macroeconomic conditions, and sustained domestic inflows. In an interview with Mint, Mittal shared his views on what the market expects from the Union Budget … Read more

Budget 2024: Expect a focus on growth, initiatives to support Viksit Bharat goal, says Virk of Shoonya by Finvasia

Budget 2024: Expect a focus on growth, initiatives to support Viksit Bharat goal, says Virk of Shoonya by Finvasia

Edited excerpts: What are your key expectations from the Union Budget 2024? Do you expect growth-oriented measures or populist ones? As we approach Budget 2024, we anticipate a continued focus on advancing India’s digital public infrastructure, which is essential for achieving the $5 trillion economy dream. Enhanced government initiatives for financial inclusion, smart cities, AI … Read more

Expert view: Market wants clarity on govt’s spending plan; rate cut cycle may be shallow, says Khanna of Purnartha

Expert view: Market wants clarity on govt's spending plan; rate cut cycle may be shallow, says Khanna of Purnartha

Edited excerpts: What is your assessment of the current market structure? Where is the Indian stock market heading? There are two ways that I would look at the current situation: 1. Versus pre-COVID: The Nifty 50 is currently trading at nearly 22.5 times the trailing 12-month (TTM) price-to-earnings (PE) ratio, compared to 26.5 times (three-year … Read more

Why you should invest in Indian stock market despite Iran-Israel tensions, delay in rate cut

Why you should invest in Indian stock market despite Iran-Israel tensions, delay in rate cut

The fresh flare-up in tensions between Israel and Iran has made investors nervous and is the biggest reason behind the selloff in the Indian market this week. “Tension in the Middle East is the major reason for selling in the Indian equity market as this has put doubts regarding the geopolitical uncertainty in the region,” … Read more