Chirag Setalvad, head (equities) at HDFC Asset Management, in an interview with Prashant Mahesh, spoke about Indian equity valuations, investment opportunities, and risks among other issues. Edited excerpts: India’s stock market valuations are considered rich after the near one-way move since Covid. What are your thoughts? Valuations have moved up but they have to be … Read more
Mumbai: Mutual fund managers have consistently purchased about 70 mid-cap stocks over each of the past six quarters, even amidst the volatile fluctuations in the stock market. Among them, about 20 stocks, including Zee Entertainment, FSN E-commerce, Restaurant Brand, GMM Pfaudler, Karnataka Bank, Prince Pipes and others, could give minimum returns of 10% over the … Read more
“It was a very strong year and we have seen a very strong close for the year for all the major indices. For Nifty this is the eighth consecutive year where we are seeing positive close on a yearly basis for Nifty,” says Rajesh Palviya, Axis Securities. Now this year has belonged to this mid … Read more