Last Diwali was very auspicious for the market. Between Diwali and this Diwali, Nifty gave blazing returns of 45%. For the past several years, the beaten sector also started to shine. The enthusiasm of the market and investors is at full high. CNBC-Awaaz has started a special series Samriddhi Mantra to discuss investments ahead of Diwali. today in this series Nilesh Shah, MD & CEO, Envision Capital Talked and told investment mantras.
This time the boom is not on the basis of foreign but domestic retail investors. Retail investors are pouring money into the market. Many investors are feeling that the car has not been missed. Can I still invest in the market? Where can money be made in a bull market? Know from Nilesh Shah-
How will the market be till next Diwali?
Nilesh Shah said that the last one year was a boom in the market. Looking at the current environment, it seems that the market will continue to rise as there is a bullish atmosphere everywhere in the market. The whole world has great faith in the Indian economy in terms of investment. On the other hand, the economy remains strong in the market.
Don’t get excited by last year’s returns, you may be disappointed: Sunil Singhania
At this time the market is very high, so what should be the approach
Responding to this, the MD of Envision Capital said that I want to tell you as an investor that at this time the focus should not be on the market level but on the bullish stock in terms of investment. A bull market is visible in the market at the moment. This is a multiyear bull market. Bull market will continue in Indian markets as interest rates are quite low. Many reforms have also taken place and the world’s attitude towards India’s markets has changed. But which sector will be good for the next 1 to 2 years, it should be found out and continuously studied for good profits.
What is the structural change in the past few bull markets and today’s bull market
Nilesh said that if there are some changes in the previous bull market and the current bull market, then some similarities will be found. But according to me, this time the bull market is different from the previous ones because this time almost all the sectors have seen significant participation in this bull market. Earlier, only one sector or one theme used to run and their performance is different from the performance of the entire market, but this time all the sectors have looked bright because this time the sectoral rotation has been seen in the bullish trend.
Next 4-5 years may be good for private banks: Ashish Somaiya-White Oak Capital
Which government and private bank is preferred for investment
Talking about private banks, he said that I am most interested in private banking sector. HDFC Bank, ICICI Bank और IDFC First Bank Liked because they have given good returns in the past and have the power to give in future also. On the other hand, looking at government banks, I like the leader bank of this sector i.e. SBI I think it is the best for investment. Apart from this, there are good opportunities in the banks which are being privatized because after this they can be re-rated.
Valuation of new IPO expensive and valuation of specialty chemicals too expensive
He said that this year many IPOs were launched in the market. In this, IPOs of new companies also came, while IPOs of many good companies also came in the market. But I find the valuations of new IPOs expensive from an investment point of view. So my advice would be to invest in IPO by looking at the valuations. On the other hand, in the chemical sector, valuations of specialty chemical companies are expensive. Not only this, valuations of agro chemical companies are also expensive.
Which sectors are preferred and which stocks should be invested in
Giving advice on the sector for investment, Nilesh Shah said that he also likes the new sector i.e. online digital sector. Currently in the online digital space Matrimony like. where in realty Kolte-patil like. If you want to invest in auto then in this sector GNA Axles An investment opportunity is emerging.
Avoid investing money blindly in the market in 2022- Shankar Sharma
Which sector is likely to see strong growth in the coming days?
Nilesh Shah said that in the coming days, with the rise in the market, autos are also likely to remain bullish. There is a lot of growth potential in the EV space, a niche segment of this sector, as people’s attraction towards EVs has increased significantly due to the reduction in fuel cost. On the other hand, if we talk about the stock in this sector, then EV is in the auto ancillary space. Gabriel India I see opportunities. with this Tata Elxsi, L&T Tech Services There are investment opportunities in
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