Anybody who is saying that in five years the Sensex will go to 60,000 is only saying that in the next five, years the Sensex will generate a CAGR of around 19 per cent, says U R Bhat, managing director of Dalton Capital Advisors.
India is a classic emerging market, which, with economic liberalisation, has unleashed a prolonged period of rapid economic growth.
The Indian market is a bull market and the current weakening is merely a correction, says Apoorva Shah, executive vice president & fund manager (equity), DSP BlackRock Mutual Fund.
The growth will happen in the asset management market, as the Indian population is richer and economy would continue to grow.
Though the bailout package for Greece brought some cheer to the global markets, doubts remain about how long the party will last and the impact on domestic markets.
We are very positive on emerging markets, says John Praveen, MD, Prudential Investment Advisors.
Nimesh Shah, managing director & CEO of ICICI Prudential Asset Management Company, tells Chandan Kishore Kant that he is bullish on the Indian market.
The average fall in 15 most-invested stocks by equity MFs was 5.7 per cent. Chandan Kishore Kant reports
Fundraising via equity NFOs highest since 2008; Over Rs 11K cr collected in first eight months of 2017, says Chandan Kishore Kant
'When you have surplus cash flow and markets correct sharply, what options do you have other than buying good stocks?'
Despite uncertain times and market volatility ahead, investors should continue with their disciplined investing via SIPs.
Amid lowering of bank deposit rates and falling yields from traditional investment vehicles like gold and real estate, investors are fast shifting to financial assets. The MF sector is emerging a clear beneficiary of this trend.
Money managers have turned cautious about the technology space.
Experts say investors should stay patient and stay invested in mutual funds.
Post the correction over the past one year, we are seeing opportunities across sectors.
'Focus on companies with healthy balance sheets and return ratios.'
The sector needs to move away from such concepts.
Several brokerage houses have given a year-end target of as high as 30,000 for the BSE bourse's benchmark Sensex, with fund managers telling investors not to redeem though the index is still only around 25,000.
From farmers to cement, steel, logistics, transportation and automobiles, the back-end is struggling to get going due to the liquidity crisis.