In a recent discussion with ET Now, Mayuresh Joshi, Head Equity, Marketsmith India shed light on his views across banking, infrastructure, and paint sectors, emphasizing selective investment strategies amid evolving market dynamics. When asked about the ongoing debate around private banks versus public sector banks (PSBs) and the government’s recent disinvestment in Bank of Maharashtra,…
The Nifty50 index soared to a new all-time high of 26,310.45 in Thursday’s trading session, buoyed by strong buying interest across heavyweights in financials, IT, infrastructure, and consumption-linked stocks. The broad-based optimism in the market was reflected in the positive performance of 24 of the 50 index constituents, with several frontline stocks delivering solid percentage…
As the banking sector rally continues, market participants are debating whether public sector banks (PSBs) have caught up with their private sector counterparts in valuations. Market expert Rahul Arora weighed in, highlighting opportunities and caution in equal measure. When asked why his focus remains primarily on SBI despite the broader PSB universe being attractively valued,…
Amid a challenging market environment and uneven corporate earnings, Parag Thakkar from Fort Capital highlighted select blue-chip companies and FMCG stocks as attractive opportunities for long-term investors, particularly those looking for “contra” bets. Discussing Hindustan Unilever (HUL), Thakkar noted the stock’s prolonged underperformance but expressed confidence in its future. “We have recently bought 4% weight…
In a discussion with ET Now, market expert Nischal Maheshwari shared his take on the recent market movements, highlighting sectors that are catching investor attention and those that warrant caution. Asian Paints: A Trading Bounce Commenting on the recent surge in Asian Paints’ stock, Maheshwari described it as “more of a trading bounce” rather than…
Shares of Asian Paints Ltd., India’s largest paints manufacturer, rose as much as 3 per cent in early trade on Thursday following a large block transaction in the stock. Data from the exchange showed that 3.5 crore shares changed hands during the pre-open block window at an average price of ₹2,201 per share, valuing the…