All stories by Puneet Wadhwa
High Valuations Pose Risk To Bull Market
Rediff.com4 hours ago'Over the next 12 months, it will be difficult to make 15 to 20 per cent return in the markets as the valuations appear stretched.'
'Expect Sensex to cross 100,000 in next 2-3 years'
Rediff.com2 days ago'Subject to any worldwide economic collapse.'
Penny Stocks That Could Have Made You A Millionaire
Rediff.com7 days agoHad you invested Rs 10,000 each in JSW Steel, Titan Company and Bajaj Finance 20 years ago, when they were just penny stocks (trading below Rs 10), you would have become a millionaire by now.
'Capital Gains Tax Changes May Impact Investment Behaviour'
Rediff.com5 Aug 2024'Volumes in F&O trading had gone up rapidly and, in a way, the increase in STT on F&O will protect investor interest.'
India's gold demand drops 5% in June quarter
Rediff.com1 Aug 2024Gold seems to be losing its glitter in India due to a rise in prices. Demand in Q2CY24 was 149.7 tonnes - a 5 per cent drop compared to 158.1 tonnes in the same period last year, according to a report by the World Gold Council (WGC). Demand by value in April-June 2024 stood at Rs 93,850 crore, up by 14 per cent compared to Rs 82,530 crore in the same period last year.
India in early stages of equity cult; budget eyed for populism: Chris Wood
Rediff.com23 Jul 2024Despite the rally in equities over the last few years, India, according to Christopher Wood, global head of equity strategy at Jefferies, is still in early stages of an equity cult. Any changes to the capital gains tax for equities - both long-term and short-term - in Budget 2024 scheduled to be announced on July 23, he believes, can trigger a bigger correction that what the markets witnessed post the Lok Sabha election outcome on June 4 that saw the Bharatiya Janata Party (BJP) lose majority, though it was able to form the government with the help of coalition partners.
How Much Do Indians Spend On Weddings?
Rediff.com22 Jul 2024An average Indian couple spends around 2x on weddings versus education (pre-primary to graduation).
Microcaps Outperform Mid/Smallcaps
Rediff.com17 Jul 2024'Though one cannot paint the entire microcap basket with the same brush, investors need to be careful now as to what they're buying.'
Will Nirmalaji Cheer The Markets?
Rediff.com17 Jul 2024'We are confident that over the next few years the government will strike a fine balance between populist measures and growth, and manage coalition partners well.'
Capital Gains Tax Tinkering May Spook Markets
Rediff.com10 Jul 2024'Expectations are high regarding the change in LTCG with respect to equity investments.'
What Are Modi Stocks?
Rediff.com31 May 2024'These are capex and infrastructure-linked sectors, PSUs or stocks of some corporate houses.'
Why did Chris Wood of Jefferies sell his holding in HDFC Bank stock?
Rediff.com27 May 2024Global fund managers remain bullish on the Japanese stock markets, which is now their most preferred destination in the Asian region. Both Morgan Stanley and Jefferies in their recent reports, have cited their preference for the Land Of The Rising Sun, which is fast becoming the land of the rising equities, too.
'Now May Be The Time To Go All In'
Rediff.com21 May 2024'For experienced and risk-taking investors, now may be the time to go all in.' 'By 'experienced and risk-taking', I refer to those who remained net buyers in equities during the early stages of the 2020 pandemic.' 'On the other hand, those who exited the markets during the pandemic may go the SIP way.'
India's defence sector a $138bn opportunity; HAL, BEL top buys: Nomura
Rediff.com17 May 2024India's defence sector presents an ordering opportunity worth $138 billion between fiscal years 2023-24 (FY24) and FY32, said a latest note by Nomura, which has initiated coverage on two defence-related players - Hindustan Aeronautics (HAL) and Bharat Electronics (BEL) - with a 'buy' rating. The research and broking house sees an upside potential of 28 per cent and 32 per cent, respectively in these two stocks from the current levels.
'Elections May Sway Markets Temporarily'
Rediff.com17 May 2024'The long-term impact of elections is minimal.'
Is This A Good Time To Buy Stocks?
Rediff.com16 May 2024'Investors need to be stock specific and should not rush to buy stocks at the current levels.'
Markets wrong to hope worst of geopolitical crises over: Wood
Rediff.com4 May 2024Global financial markets are wrong in hoping that the worst is over in geopolitical crises such as the Iran-Israel conflict and the Russia-Ukraine war, wrote Christopher Wood, global head of equity strategy at Jefferies, in a recent note to investors called 'GREED & fear'. While most investors and the media are focused on United States (US) Federal Reserve policy and the "endless chatter" of Fed governors, Wood believes the news flow in the financial sphere "pales into complete insignificance" compared with the "tectonic shifts" going on in geopolitics.
'India Offers Once In A Lifetime Opportunity To Create Wealth'
Rediff.com3 May 2024'We see mid-and small-caps as a real pot of gold.' 'From a 10-15 years perspective, mid-and small-cap are likely to outperform the larger index, as they have done in the past.'
'BJP Underperformance May Trigger Market Correction'
Rediff.com1 May 2024'This can eventually start the end of the current market frenzy, which has lasted for a full year.'
'Markets Are Too Confident, Excited, Aggressive'
Rediff.com29 Apr 2024'The main worry is lots of new investors coming into the markets in order to make a quick buck/easy money.' 'Those things are happening again and have happened in the past as well.' 'All that has led to problems.' 'We are not there yet, but will get there eventually.'