Dipan Mehta, Director, Elixir Equities, says HPCL, BPCL & IOC are great trading stocks and you could get 15-20-30% return in a few weeks if you get the timing right. But from a longer-term perspective, I am not so sure. End of the day, there is a great deal of volatility in their earnings despite … Read more
“The markets have run up significantly. We are trading at all-time highs and a lot of the positives of the election seem to have got priced in,” says Dipan Mehta, Director, Elixir Equities.We are talking about the markets amidst this time of election and the kind of run-up that we have witnessed. How do you … Read more
“Except for oil and gas and metals, I think we stand good as far as the earnings growth is concerned. It will broadly be 13% to 15% sort of earnings growth for this quarter sectorally except for metals and oil and gas,” says Manish Sonthalia, CIO, Emkay Investment Manager.How are you observing the markets right … Read more
Dipan Mehta, Director, Elixir Equities, says “I am not nibbling anywhere. I am just waiting patiently, wherever numbers are not up to expectations, trim a few holdings over there and I seriously expect that this correction could be as deep as 10-12% on the Nifty and the Sensex, who knows? We may even test the … Read more
Dipan Mehta, Director, Elixir Equities, says “while not selling out completely, you should at least trim your positions across the board and don’t invest any further money at these levels.” Mehta further says” “other than largecap IT where there were hardly any expectations and even just about beating the expectations of the investors and the … Read more
Dipan Mehta, Director, Elixir Equities, says “if an investor has an under-allocation to banks in their portfolio, this is a great time to add banking stocks to your list of holdings as well. And most importantly, I cannot mention the importance of this credit growth which is taking place. In India also, when you look … Read more