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Sanjiv Bhasin prefers Exide for its early technology lead in lithium-ion as well as ICE batteries. The Exide stock surged after Hyundai and Kia announced partnership for EV battery localisation in India . Exide's advantage over Amara Raja is due to its strong market position as well as early tech disclosures.
The single biggest name which comes into my eyes is basically the housing loan companies, be it Chola, there are tonnes of names in the financial sector you can play the real estate boom. A) The yields are better. B) They are as good as secured loans. C) These companies have their costs or I would say their deposits which they have got at relatively high rates.
Manish Raj Singhania forecasts a post-election spike in PV retails similar to what was seen during the Vidhan Sabha elections. Factors like financial stability, excitement over SUVs, the falling EV prices, good road infrastructure, as well as tge elections impact on vehicle demand will continue to drive sales, says the FADA president.
Sudip Bandyopadhyay anticipates strong performance in infra, defence, BFSI, real estate. Mixed outlook for IT, FMCG; subdued for cement. Concerns over crude at $91 impact Indian markets. Banks focus on deposit mobilisation, stable asset quality. Long-term bullish on insurance sector. He further says crude oil at $91 does not mean good for the Indian equity market and the Indian economy.
DBS Bank's Radhika Rao discusses the RBI Monetary Policy with ET Now, emphasizing the central bank's focus on inflation risks, growth, investment strength, and positive consumption expectations amidst cautious policy adjustments for the future economic landscape. Rao says: I would think rate cut is a late 2024 story, I am talking about CY2024, rather than being in a rush to either pre-empt the global central banks or the other regional peers."