Page 10 - Market Outlook

Largecaps to outperform small & midcaps in short term: Vinay Rajani

Nifty is expected to surpass the intraday all-time high of 16,702

Markets will remain choppy till 2021-end: Anil Sarin, CIO, Centrum PMS

Rising commodity prices, he believes, cannot sustainably derail the bullish market momentum

Market outlook & two trading ideas by Sameet Chavan of Angel Broking

Traders are advised to remain light for a while and the ideal strategy would be to look at the individual stocks than the benchmark index

No need to panic! Tech charts say 'all is well' till Sensex holds 54,000

Market participants have become cautious amid significant valuations and strong gains Sensex has achieved since the start of the year

Markets could consolidate at current levels: Harshad Patil, Tata AIA Life

The consensus earnings for the current fiscal (FY22) are projected to grow by an outsized 35-40 per cent on the back of a relatively weak earnings profile in the previous year, he said

'Hard to say that markets have factored in the impact of the third wave'

In terms of valuation matrix like P/E or P/BV, many stocks forming part of the broad index would be expensive compared to long-term averages, Sachin Trivedi of UTI AMC said

'Retail participation in equity market has reached an inflection point'

In spite of a stellar run last year, India's retail participation is around the 4 per cent mark, unlike the US and China, where participation is 32 per cent and 11 per cent, respectively, he said

Avoid taking any directional view on markets: Sameet Chavan

Considering the historical trend, 'August' month is known for bigger moves. So it would certainly be interesting to see which direction market decided to move in

Nifty outlook & weekly stock picks by Vinay Rajani of HDFC Securities

The markets are expected to remain range-bound and choppy unless the range of 15,550-15,950 is taken out on the either side in Nifty

Expect time-wise correction in market for next few months: Nirav Sheth

'Earnings racing off a cliff have some upside risk and low-interest rates will support relatively high valuations'

Bank Nifty's role crucial in Nifty's march past 16,000 mark: Sameet Chavan

It would be very important for the banking index to surpass the 36,000 mark to push the benchmark to new highs

Market return will track earnings performance: Rahul Singh, Tata MF

Headline valuations are at 10-15 per cent premium to 10-year historical range, but are supported by the lower bond yields in comparison to what we have witnessed in the last decade, Singh said

Tech view: 3 reasons why Sensex & Nifty are failing to hit new record peaks

The traders and investors are cautious of heavy profit booking in the indices. However, there aren't any major technical signals to support this view

Risk-reward in the market appears evenly balanced: Taher Badshah, Invesco MF

The overall economic and market set up is conducive for the mid-market segment to continue doing well, he said

Indian stock market valuation a concern, FDI flows likely to continue: HSBC

FDI in India is likely to pick up going ahead on the back of a strong rebound in growth, said Frederic Neumann, co-head of Asian economics research at HSBC

Nifty MidCap index at crucial juncture: Sameet Chavan of Angel Broking

On the daily chart, the Nifty MidCap index in reaching the '100% Price Extension' of the previous up move

'Dec'21 Nifty target of 16,500; still a lot of opportunity in large-caps'

Piyush Garg, executive vice-president & CIO PMS, ICICI Securities shares his views on the road ahead for the markets and the investing strategies one should adopt

Our base case projection for Nifty is 17,500 in 12-18 mths: Dhananjay Sinha

We do not think moderation in earnings will have any significant impact on the market. Hence, we see around 15 per cent upside on Nifty

Sensex records sharpest May-month rally in seven years; gains 6.5%

The S&P BSE Sensex gained 6.5 per cent, or 3,154 points in May on optimism on economic rebound and progress in pandemic fight is expected to evince buying interest across major sectors.

Sensex at 200,000? Possible in 10 years, says Raamdeo Agrawal

Back in 2017, Mark Galasiewski of Elliot Wave International had reiterated that he expects the S&P BSE Sensex to hit the 100,000 mark by 2024