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Rally in base metals in FY22 unlikely to be as strong as in FY21, says Sugandha Sachdeva of Religare Broking


Rally in base metals in FY22 unlikely to be as strong as in FY21, says Sugandha Sachdeva of Religare Broking
Sunil Matkar
© Sunil Matkar
Rally in base metals in FY22 unlikely to be as strong as in FY21, says Sugandha Sachdeva of Religare Broking
Sugandha Sachdeva, Vice President, Commodity & Currency Research, Religare Broking, is of the view that base metals story is far from over but is unlikely to be as exciting in financial year 2021-22 as was in the previous year.
The unprecedented fiscal and monetary policy measures across the globe, weakening of the dollar and prospects of a powerful economic upswing following emergence of vaccines turbocharged the rally in the base metals pack in FY21, says Sachdeva. Though the gains in FY22 are not expected to be as strong, base metals complex, a key indicator of global economic conditions, is likely to move higher in the later part of FY22, she says. ....

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Avoid Sectors That Continue To Be Hit By Coronavirus, Advises Anshu Kapoor Of Edelweiss


Avoid sectors that continue to be hit by coronavirus, advises Anshu Kapoor of Edelweiss
In fixed income, investors should look to lock-in yields in high-quality fixed deposits and AAA bonds, says Kapoor.
Sunil Shankar Matkar
February 12, 2021 / 10:35 AM IST
Anshu Kapoor, Head of Investment Management at Edelweiss Wealth Management, says markets are driven by earnings, liquidity and sentiment. The December quarter numbers have been positive and have surprised analysts across sectors.
But, he is not keen on travel and hospitality segments and favours staying away from sectors that continue to bear the brunt of the coronavirus pandemic.
In an interview to Moneycontrol s Sunil Shankar Matkar, Kapoor says banks have raised more than $15 billion in the last six months and are well capitalised. He expects credit cycle to revive, led by manufacturing capex. Edited excerpts: ....

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India Can Replace China As 'world's Factory' If Government Undertakes These 4 Reforms


India can replace China as world s factory if government undertakes these 4 reforms
Skill upgrade in the labour sector coupled with land, tax and legal reforms will give a big boost to manufacturing and infrastructure, says Amit Jain of Ashika Group.
Sunil Shankar Matkar
January 07, 2021 / 12:32 PM IST
For Amit Jain, Chief Strategist-Global Asset Class at Ashika Group, 2020 was not all gloom and doom. It was and continues to be a big opportunity for India to replace China as the “world’s factory” but for that, the government will have to skill the labour better, while ushering in land, legal and tax reforms, says Jain ....

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