MID CYCLE MARGIN LEVELS

Ravi Dharamshi on valuations, growth, and the next big investment bets

Ravi Dharamshi, CIO of ValueQuest Investment, believes the worst of the market correction is over with valuations corrected to fair value. He sees opportunities in sectors such as private sector banks, insurance, and renewables, with optimism for growth in private equity sectors like energy transition.

ETMarkets PMS Talk: Navigating global volatility - How Wave Asset’s tactical hedging paid off in February 2025

We broadly pick the top 20 companies from each of these five sectors: industrials, financials, exports, consumer staples, and consumer discretionary. When selecting them, we look for four key factors.

ETMarkets Smart Talk: Ambit’s portfolio shift - FMCG, Healthcare get higher allocation amid volatility

As macroeconomic uncertainties, interest rate movements, and global trade tensions shape market sentiment, Ambit has increased its allocation to defensive sectors like FMCG and healthcare.

Mid- & small-caps can rise further, but some on Street wary

All three indices are up between 4.7% and 5.2% in the last three days, against the 2.25% upmove in the benchmark Nifty 50. The nervous sentiment in the domestic market has eased of late, tracking the improved mood globally, also with selling by foreign investors subsiding.

Yeh kahan aagye hum… : Radhika Gupta after winning Morningstar Award

Edelweiss Mutual Fund’s recent double victory highlights its commitment to delivering strong investor outcomes. CEO Gupta emphasized the recognition as a huge encouragement to continue building the brand the right way. She thanked investors and distributors for their trust and support. As of February 2025, Edelweiss manages Rs 1.64 lakh crore across 64 schemes, with strong AUM in small and mid-cap funds.

Bank earnings growth could bottom out in FY26: Motilal Oswal

Indian banks’ earnings growth may bottom out next fiscal year due to slow GDP and sluggish credit growth, according to Motilal Oswal. Private banks could see growth bottoming at 11% in FY26, while public sector banks may experience 8% CAGR due to higher costs and limited loan growth. Large cap banks are favored for their strong balance sheets.

Quant Mid Cap Fund bought Rs 94 crore worth of shares of IndusInd Bank in February, before the crash

The midcap fund added 7.43 lakh shares of United Breweries and approximately 5.87 lakh shares of Premier Energies to its portfolio during the mentioned period.

Tata Steel shares up 3%, Emkay says this is point of inflection

Tata Steel shares surged 3% to Rs 159.25 amid a sector-wide rally after the DGTR proposed a 12% safeguard duty on certain steel imports. Emkay Global sees the stock at an "inflection point," citing volume growth, a potential European turnaround, and attractive valuations. The brokerage retained a ‘Buy’ rating, expecting a 7-8% CAGR in steel demand.

From 207 to 17! You might need an archaeologist to find multibagger stocks in FY25

In FY25, only 17 out of 700-plus stocks managed to deliver multibagger returns compared to 207 in FY24, indicating a significant drop. Experts advise investors to moderate their expectations and focus on solid research and diversification for steady, moderate returns.

Smallcaps still overvalued? HDFC Securities' Unmesh Sharma flags 2 key risks

In this overall, uncertain global environment, India seems better placed. Currently, we are out of the cross hairs from the tariff perspective but need to watch what happens in April, when reciprocal tariff policies are implemented.

For investors with moderate risk-taking ability, one step at a time: 6 mid-cap stocks from different sectors with upside potential of up to 33%

There is nothing in the market you can assert with 100% certainty. But the way the last two sessions have panned out, and especially taking into account market breadth, the undercurrent may be changing from bearish to neutral. Remember that, after any strong bearish phase, there is a period of consolidation before another leg of a rally begins. So, it is time to shed the bias toward bearishness and look at select stocks of companies that meet certain quantitative criteria when it comes to investing.

A China problem is hampering rating headroom of India's steel giants

Fitch Ratings downgrades JSW Steel and Tata Steel due to pressures from cheap Chinese imports and aggressive global tariff policies. Despite rising domestic steel demand, both companies may face persistent margin pressures. Potential government measures and deferral of capital expenditures could offer some relief. India’s steel demand is expected to grow by 10% fueled by public spending.

Best moon cycle-based diet for better health

Banking sector offers buying opportunity amid FPI sell-off: Nilesh Shah

Nilesh Shah, MD of Kotak AMC, highlights the performance of gold and the Nifty, noting gold's potential for great returns. He discusses market fundamentals, recommending a neutral weight to equity with a preference for banking, financial services, and consumer discretionary sectors amid market corrections.

Fund Manager Talk | Nimesh Chandan spots 2 behavioral biases driving investor decisions in a falling market

Now, in many sectors, the valuations are back to reasonable levels. However, even in the current market, risk-reward is more favorable in large caps. Selective areas of mid cap and small cap stocks are now looking attractive.

Gold at fresh peak of 90K: Where are we now, what should you do next?

Global rebound enters day two, Wall Street lags

Global equity markets rose as investors bought undervalued stocks. Momentum indicators showed Wall Street was oversold. Temporary truce prospects in the Ukraine-Russia conflict provided marginal support to risky assets. Despite the rebound, lingering trade war uncertainties and weak U.S. economic data warrant caution. Japan's economic landscape and U.S. consumer balance sheets are influencing market trends.

For investors with ability to understand risk & reward: 5 mid-cap stocks from different sectors with upside potential of up to 44%

If one were to assume that the street has a higher probability of being bullish than bearish, one thing which investors should focus on is committing fewer mistakes in this phase of recovery. Mistakes are an integral part of the learning curve on the stock market. But there are mistakes, and there are silly mistakes. Avoid or minimize the latter. How? Because it is mid-cap stocks that have got battered in the last two months, it is probably tough to think of them rationally. But it is important to do so if you want to make that extra bit of return for which all the risk is taken.

In near term, be overweight on NBFCs; shift towards banks in H2: Suresh Ganapathy

Suresh Ganapathy from Macquarie Capital predicts that banks will benefit from falling rates and easing liquidity, with private sector banks being more agile than PSUs. He suggests investing in NBFCs short-term due to immediate gains from rate cuts but advises a shift to banks for long-term growth as the credit cycle stabilizes.

Housing demand strong, prices to grow this year at more than inflation rate: CREDAI Prez Boman Irani

Housing demand in India is expected to grow further due to Budget tax incentives and a recent repo rate cut, says CREDAI President Boman Irani. Despite potential short-term fluctuations in certain markets, the overall demand remains strong. The government’s focus on infrastructure is also creating new opportunities in the real estate sector.

Smallcap stocks under stress but is it time to buy the fear?

Small-cap equities, after strong 2023-24 gains, slipped into a bear market but now show recovery potential. Supportive macro fundamentals, easing fiscal and monetary policies, sectoral diversification, and valuation comfort improve prospects. Investors may consider diversified small-cap strategies within portfolios.

Bears create opportunities for some, in some: 5 stocks, 2 mid & 3 large-cap, owned by select business houses for medium- to long-term investors

Did anyone predict the massive selling in the mid- and small-cap segment we have seen from the start of 2025? We can’t recall any such prediction. But today there are dozens of reasons being proffered for why it was inevitable. From bad Q3 results, to Trump tantrums, to the strength of the US dollar, to name a few. Now, should the steep fall and the post-facto explanations deter you from buying stocks at this point? The answer is both no and yes. No, if you are buying the right businesses run by the right management. Yes, if you are again falling into the trap of narratives and averaging out your mistakes.