This sector may produce multibaggers over the next decade, says Santosh Kumar Singh of Motilal Oswal
The budget focus has to be on driving growth, given the economy has been in a consolidation phase for a very long period of time. Sunil Shankar Matkar January 18, 2021 / 01:42 PM IST
The focus in Budget 2021 has to be on driving growth given the economy has been in a consolidation phase for a very long period of time. Hence, I would focus on job creation and capital formation, Santosh Kumar Singh of Motilal Oswal Asset Management Company said in an interview to Moneycontrol s Sunil Shankar Matkar.
Realty space brimming with positivity; should you bet on the sector?
ICICI Securities has a buy call on DLF, Oberoi Realty, Brigade Enterprises, Phoenix Mills, Sunteck Realty, Sobha, Embassy Office Parks REIT and Mindspace Business Parks REIT
Realty stocks have been witnessing remarkable buying interest in the new year so far.
The Nifty Realty index underperformed the benchmark index Nifty in the calendar year 2020 when it rose just 5 percent while Nifty clocked a gain of 15 percent.
High debt, unsold inventories, a slowdown in the economy were among the top factors that weighed on realty stocks in 2020.
However, the Nifty Realty index has been outperforming Nifty in CY21 as it is 8 percent up against a 4 percent gain in the benchmark Nifty as of January 12 close.
Read more about Banking on Budget: Keeping an eye out for growth focus, PSU reforms on Business Standard. While the govt should try to push divestments, it should understand that reforms in the PSU space are very important if it wants to offload some its stake in the market
Life insurance, lenders, real estate stocks likely to outshine in 2021
COVID has made corporates go for zero-based cost management which can lead to sustained cost savings and if growth were to revive a big revival in profits. Santosh Singh January 03, 2021 / 07:27 AM IST
2020 has been an exciting year for the markets with many ups and downs - from extreme pessimism to extreme euphoria. With the benchmarks reaching an all-time high on a daily basis investors are at a crossroads where the market is expensive but the expectations are very high.
The estimates say that almost 30 percent CAGR in earnings over FY21-23 is driven by top-line growth as well as margin expansion. Real estate, Life Insurance and lenders are sectors that are expected to outperform in 2021 as per Motilal Oswal Asset Management Company.
iStock
HDFC Securities says a large part of the run-up in Nifty50 is over, its rise would be gradual and measured from now on.
NEW DELHI: As the countdown for the dawn of Calendar 2021 begins, a host of brokerages have come out with their investment strategies to make most of the ongoing bull run in the New Year.
Analysts largely project Calendar 2021 to be a year of second-rung stocks. They expect industrial sectors to make a comeback and find select PSUs, realty and metals stocks attractive. Some feel banking, IT and pharma stocks may continue to find favour among investors.