zomato IPO: Have appetite, but no faith! Zomato IPO leaves analysts confused on how to value a loss-making firm
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Metal stocks can spring a surprise on the upside
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
IT stocks: IT stocks in a sweet spot: Manish Sonthalia
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Manish Sonthalia, Associate Director, Fund Manager AIF & PMS,
What is your market view? Are we in for a pause, are we in for a retreat or will this market continue to climb the wall of worry?
Volatility will be there but the direction of the markets is clearly on the upside. It is a buy-on-dips market on the back of very strong earnings expectations for Q4 and the whole of FY22, even extending into FY23. The confidence comes in with vaccination now being in full swing. We are fearing a second wave right now. But that could be temporary. We could see a spike for a month or two in the number of Covid cases but otherwise, the economy is reviving very well and it is likely to continue. According to me it is a bullish market even now.