The critical concern around the HDFC Bank after the merger has been a sharp contraction in net interest margins (NIMs), says Neeraj Chadawar of Axis Securities.
DAILY VOICE | Seen more beats than misses in Q3 earnings, laggards of last decade to be re-rated: Neeraj Chadawar of Axis Securities
The major change in market structure will mean re-rating of sectors which have lagged for a long period. Sunil Shankar Matkar February 15, 2021 / 08:31 AM IST
Neeraj Chadawar of Axis Securities valued the Nifty at 22x at FY23 earnings translating to December 2021 target for Nifty at 16,000, after December quarter earnings season.
Overall, earnings visibility has improved across the board; Nifty FY21 and FY22 EPS have been upgraded by 6 percent till now during the quarter with likelihood of further upgrades on the card, he said in an interview to Moneycontrol s Sunil Shankar Matkar.
With recovery looking on track, these 5 sectors are likely to outperform in 2021
Neeraj Chadawar of Axis Securities said value plays like Metals, Banks, NBFCs and others have started delivering solid returns. Sunil Shankar Matkar December 30, 2020 / 01:51 PM IST
The year 2020 brought with it pandemic COVID-19, which forced economic activities around the globe to be shut for a large part of the year. In India, the government announced a complete shutdown in March and the Unlock process started in late May-June
With positive economic recovery outlook for 2021 and increase in government spending, experts feel cyclicals, industrials and consumption sectors could outperform in the year ahead.
DAILY VOICE | 2021 Expected To Be Good Year For EMs; Budget Could Be Infrastructure-heavy: Neeraj Chadawar Of Axis Securities moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.