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Transcripts For BLOOMBERG Bloomberg Markets Asia 20240711

Index, just marginally down. The real story has been the bounceback after last weeks fall for bitcoin, approaching record highs. 19,595. 1. 1 to the upside. Drivings within opec that crude oil price down. Lets look at what is going on in the emerging market context. Asian markets are bouncing back nicely after yesterdays big move to the downside. What has been responsible for this change in mood . , onethink first of all should partly see yesterdays price action as an anomaly. I think the Way Investors are now returning to the positive things like easy fed policy, Global Economic recovery, which was confirmed by asian pmis and the index that just came out, and optimism about vaccines. Juliette and your team has written a piece on the e. M. Currency outlook for 2021. It reads quite positively. What is the basis for all that optimism . Maybe there are three reasons. First, valu ....

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Low voter turnout means doomsday? 6 reasons why investors are overreacting

Investors fear low voter turnout affecting Sensex, Nifty, India VIX, and Dalal Street. Pashupati Advani warns of market dive if BJP doesn t secure 250 seats. Speculations and analysis highlight market worries in states like Kerala, West Bengal, and Tamil Nadu. The link between voter turnout and anti-incumbency is uncertain. ....

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Stock Market: What is the best way to play the election uncertainty? Pashupati Advani answers

Pashupati Advani discusses telecom sector, Bharti Airtel, Indus Towers, challenges faced by private banks, HDFC Bank, election uncertainty, and insights on IPOs and the primary market. Advani says: "If one was being prudent, I would actually say take money off the table in the market and wait for the actual election result. " ....

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portfolio allocation: Pashupati Advani on where he is taking some chips off the table & what stocks he is buying now

Pashupati Advani expresses concerns about the IT sector s changing business models and the potential dominance of big American companies in AI. He is optimistic about the growth in the infrastructure sector, particularly for construction and cement companies benefiting from various projects. Advani says: "If you have moved into some good, profitable government companies over the last six months, you have done very well and that is where we should continue to go even now." ....

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pharma stocks to buy: Invest in pharma for safety but be wary of IT names now: Pashupati Advani

Pashupati Advani discusses the resurgence of pharma, challenges in the IT sector, and the future of FMCG stocks. He also comments on HDFC Bank s performance, the EV market, and Avenue Supermarts growth potential in India. Advani says: ". I think pharma is a sector that we should be proud of as a nation and it is also giving us exports. So why not invest in it as a safety?" ....

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