Jigar Shah, chief executive officer, Maybank Kim Eng Securities is not certain that the DMart listing would trigger a re-rating of the Indian retailing sector.
'If I had to highlight one area that will do well, it is the financial assets -- that is the private sector banks, insurance and mutual funds.'
'We are in the middle of an unprecedented SIP revolution.' 'Monthly inflow through SIPs will be Rs 15,000 crore to Rs 20,000 crore soon.' 'Traditional avenues of Indian savings like bank fixed deposits, gold or real estate are no longer attractive to invest.'
The outcome is beyond the market's expectation and will be a sentimental boost, say analysts.
There is a lot of optimism across all markets and a large part of it is justified, says Samir Arora of Helios Capital Management.
Investor Rakesh Jhunjhunwala and his family's net worth in listed companies surges in the recent bull run.
19% of 320 institutional investors managing $1.3 trillion prefer India as investment destination in 2017
Aptech, Lumax Industries, Vedanta, Indian Bank, Venky's India have appreciated over 200% in a year
41 companies take back shares worth Rs 27,783 crore in FY17
'The Budget targets are achievable, but they require continued discipline and that the government sticks with the efforts to cut red tape and make business in India more efficient.'
Experts say going ahead data price will fall further due to competition
The consolidated entity can target good growth FY18 onwards, analysts say.
In 2015-16, Sikka as CEO took home Rs 48.73 crore as salary (including, bonus and incentives), which is the highest among peers.
'We believe 2017 could see higher flows from foreign institutions as money comes back to growth markets like India.'
Besides Budget, markets will be driven by global events and the outcome of assembly elections.
'Through the course of the year, we expect the economic weakness generated by demonetisation will give way to normalisation of growth conditions.'
Demonetisation impact, earnings growth, central bank policies will get attention.
Among these, Hindalco and Vedanta from the metal pack have become multi-baggers, gaining 100 per cent in 2016
'The challenge in India will be reviving consumption/investment.' 'If the negative surprise in earnings is very sharp or lasts longer than March, it can trigger a sharp sell-off.'
Karvy expects individual wealth in India to grow to Rs 558-lakh crore at a CAGR of 12.9% over the next five years.
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