Shreyash Devalkar News Today

Several infrastructure and capital-goods stocks are trading above their 10-year average PE multiple. Yet, most fund managers are comfortable investing in them because of the underlying growth visibility in these sectors.

Shreyash Devalkar of Axis Mutual Fund discusses the market volatility and potential growth areas like FMCG, private banks, and IT. He emphasizes the importance of monitoring valuations and anticipating a market turnaround for these sectors. He says that most of the volatility at the stock level is based on the result season.

Shreyash Devalkar of Axis Mutual Fund discusses market volatility, opportunities in mid/smallcaps, sector focus on earnings, and the long-term trajectory in the power sector, emphasizing caution on asset owner valuations and potential growth in capital goods companies.

Shreyash Devalkar discusses lending entities, stable macros, RBIs GDP target, market dynamics during elections, valuation, attractive segments, and the performance of largecaps, midcaps, and smallcaps, including the impact of PSU entities on asset allocation and returns. Devalkar says: "On a six-month basis. already the large versus mid versus small the differential is 2% to 3%. Normally it is 15% to 18%."

In this years Best Fund Manager rankings, ET Wealth have tied up with investment research platform, PrimeInvestor, to shine the spotlight on 10 such individuals, who have delivered healthy outcomes to investors in the long run. Here are the fund managers who generated the most wealth for investors between 2018 and 2023.

In this years Best Fund Manager rankings, ET Wealth have tied up with investment research platform, PrimeInvestor, to shine the spotlight on 10 such individuals, who have delivered healthy outcomes to investors in the long run. Here are the fund managers who generated the most wealth for investors between 2018 and 2023.

“While we did not expect any major announcements in this budget, the lower fiscal deficit coupled with higher capex outlay will aid continued momentum of India growth story. Both of these moves are enablers for a pickup in the private capex cycle,” says Ashish Gupta, CIO, Axis Mutual Fund

Indias Nifty 50 is set to open at a record high on Friday, the last session of 2023, supported by robust macroeconomic data, foreign and domestic inflows, and expected cuts to global interest...

While 2023 turned out to be a standout year for India, and the world took notice of its resilience even in the face of a global slowdown, the country has the right ingredients for further momentum over the medium to long term in 2024.

Nifty 50 is ending the year 2023 with a strong double-digit gain, up almost 20 per cent and inching closer to the 22,000 mark.