Puneet Wadhwa

All stories by Puneet Wadhwa

Capital Gains Tax Tinkering May Spook Markets

Capital Gains Tax Tinkering May Spook Markets

Rediff.com3 days ago

'Expectations are high regarding the change in LTCG with respect to equity investments.'

What Are Modi Stocks?

What Are Modi Stocks?

Rediff.com31 May 2024

'These are capex and infrastructure-linked sectors, PSUs or stocks of some corporate houses.'

Why did Chris Wood of Jefferies sell his holding in HDFC Bank stock?

Why did Chris Wood of Jefferies sell his holding in HDFC Bank stock?

Rediff.com27 May 2024

Global fund managers remain bullish on the Japanese stock markets, which is now their most preferred destination in the Asian region. Both Morgan Stanley and Jefferies in their recent reports, have cited their preference for the Land Of The Rising Sun, which is fast becoming the land of the rising equities, too.

'Now May Be The Time To Go All In'

'Now May Be The Time To Go All In'

Rediff.com21 May 2024

'For experienced and risk-taking investors, now may be the time to go all in.' 'By 'experienced and risk-taking', I refer to those who remained net buyers in equities during the early stages of the 2020 pandemic.' 'On the other hand, those who exited the markets during the pandemic may go the SIP way.'

India's defence sector a $138bn opportunity; HAL, BEL top buys: Nomura

India's defence sector a $138bn opportunity; HAL, BEL top buys: Nomura

Rediff.com17 May 2024

India's defence sector presents an ordering opportunity worth $138 billion between fiscal years 2023-24 (FY24) and FY32, said a latest note by Nomura, which has initiated coverage on two defence-related players - Hindustan Aeronautics (HAL) and Bharat Electronics (BEL) - with a 'buy' rating. The research and broking house sees an upside potential of 28 per cent and 32 per cent, respectively in these two stocks from the current levels.

'Elections May Sway Markets Temporarily'

'Elections May Sway Markets Temporarily'

Rediff.com17 May 2024

'The long-term impact of elections is minimal.'

Is This A Good Time To Buy Stocks?

Is This A Good Time To Buy Stocks?

Rediff.com16 May 2024

'Investors need to be stock specific and should not rush to buy stocks at the current levels.'

Markets wrong to hope worst of geopolitical crises over: Wood

Markets wrong to hope worst of geopolitical crises over: Wood

Rediff.com4 May 2024

Global financial markets are wrong in hoping that the worst is over in geopolitical crises such as the Iran-Israel conflict and the Russia-Ukraine war, wrote Christopher Wood, global head of equity strategy at Jefferies, in a recent note to investors called 'GREED & fear'. While most investors and the media are focused on United States (US) Federal Reserve policy and the "endless chatter" of Fed governors, Wood believes the news flow in the financial sphere "pales into complete insignificance" compared with the "tectonic shifts" going on in geopolitics.

'India Offers Once In A Lifetime Opportunity To Create Wealth'

'India Offers Once In A Lifetime Opportunity To Create Wealth'

Rediff.com3 May 2024

'We see mid-and small-caps as a real pot of gold.' 'From a 10-15 years perspective, mid-and small-cap are likely to outperform the larger index, as they have done in the past.'

'BJP Underperformance May Trigger Market Correction'

'BJP Underperformance May Trigger Market Correction'

Rediff.com1 May 2024

'This can eventually start the end of the current market frenzy, which has lasted for a full year.'

'Markets Are Too Confident, Excited, Aggressive'

'Markets Are Too Confident, Excited, Aggressive'

Rediff.com29 Apr 2024

'The main worry is lots of new investors coming into the markets in order to make a quick buck/easy money.' 'Those things are happening again and have happened in the past as well.' 'All that has led to problems.' 'We are not there yet, but will get there eventually.'

BJP Sankalp Patra: Enough powder to ignite stocks, if investors are patient

BJP Sankalp Patra: Enough powder to ignite stocks, if investors are patient

Rediff.com23 Apr 2024

Stocks in the automotive, financial, cement, metal, and hotel sectors are likely to benefit if the Narendra Modi-led Bharatiya Janata Party (BJP) comes back to power for a third time. The key investment themes have been identified after analysing the Sankalp Patra - the party's manifesto for the next five years - released on Sunday.

Lok Sabha election outcome can trigger stock market correction: Bernstein

Lok Sabha election outcome can trigger stock market correction: Bernstein

Rediff.com23 Apr 2024

While the markets have factored in a number close to 350 for the BJP and almost 400 for the NDA, 50 seats fewer could trigger a market correction

Why are gold prices rising? Chris Wood of Jefferies explains

Why are gold prices rising? Chris Wood of Jefferies explains

Rediff.com22 Apr 2024

Gold prices have been on an uptrend in the last few months, rising nearly 28 per cent to $2387 per ounce now. This rise in gold price, according to Christopher Wood, global head of equity strategy at Jefferies, is attributed to the demand from China amid lack of investor euphoria as regards the yellow metal. "Recent developments show a distinct lack of investor euphoria as regards gold, the question remains what is driving the current rally.

Are the stock markets prepared for a delay in interest rate cut?

Are the stock markets prepared for a delay in interest rate cut?

Rediff.com19 Apr 2024

A higher-than-expected consumer price inflation (CPI) print for March in the US has dashed hopes of an interest rate cut by the US Federal Reserve (US Fed) in June. Analysts now expect the US central bank to start cutting rates in September, provided inflation remains in check and oil prices remain supportive. The markets, analysts believe, partially factored in this possibility.

Fundraise via IPOs to hit Rs 1 trillion mark in FY25: Report

Fundraise via IPOs to hit Rs 1 trillion mark in FY25: Report

Rediff.com11 Apr 2024

Fundraising via the initial public offering (IPO) route by companies may touch Rs 1 trillion in financial year 2024-25 (FY25), according to a recent note by Pantomath Group - a mid-market investment bank. During the financial year 2023-24 (FY24), 76 companies tapped the markets through mainboard IPOs, Pantomath said, raising nearly Rs 62,862 crore. This is a 21 per cent rise compared to FY23, the note added.

Cash out: Mobile wallet payments may hit Rs 532 trn in 2028

Cash out: Mobile wallet payments may hit Rs 532 trn in 2028

Rediff.com9 Apr 2024

Mobile wallet adoption is surging in India and swiftly becoming a primary payment option, surpassing traditional methods like cash and cards. Over the next few years, payments via mobile wallets in India are likely to surpass the Rs 531.8 trillion mark in 2028, witnessing a compound annual growth rate (CAGR) of 18.3 per cent between 2024 and 2028, according to GlobalData - a London-based leading data and analytics company. The value of mobile wallet payments in India, as per a GlobalData report, grew at a CAGR of 72.1 per cent between 2019 and 2023 to reach Rs 202.8 trillion ($2.5 trillion) in 2023.

'Markets started building on NDA's win since Dec'

'Markets started building on NDA's win since Dec'

Rediff.com5 Apr 2024

'Rather than taking a very short-term view on the markets, equity investing should be premised on longer term growth opportunities.'

'Some Cooling-Off In Small Caps'

'Some Cooling-Off In Small Caps'

Rediff.com3 Apr 2024

'More than investors, fund houses, and advisors have raised caution and limited flows on small-and mid-caps.'

Fall 2024 May Not Be A Repeat Of 2018

Fall 2024 May Not Be A Repeat Of 2018

Rediff.com1 Apr 2024

'We expect the bull-market phase to still persist, but now led by large-caps which offer better valuation and benefit from FII inflows.'
'We expect continued pressure on midcaps, but any sharp correction looks unlikely from here on.'

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