According to Market Expert Nilesh Shah, it is not right to trust the market with blind eye.
There is a steady pace in the domestic stock market. The market expects that in the implementation of Narendra Modi, the NDA government will once again form the government. But, according to Market Expert Nilesh Shah, it is not right to trust the market with blind eye. The stock market record has been disappointing to find out the results of the elections. According to Nilesh Shah, manager of the Kotak Mutual Fund, "The market did not find the results of 2004. This was reversed in 2009. The market projections proved true in 2014. In fact, the market is not very good to get the hang of the election results. Used to be."
Shah said that the role of electoral results would be very important in speeding up the market during the short period. He said, "The market is expecting a stable government which will inspire economic reforms. If such a government comes, then the market will continue to support it." He also cautioned against excessive importance of the elections in the market. Shah said, "It holds the importance only on the day of conclusions, after which the government's work speaks, governments and alliances are different, due to this the market rises."
The market leader emphasized that the domestic market is ignoring the decline in demand. Basically there is a slowdown in the economy, because the sales of auto companies are declining and the comments of FMCG companies do not increase enthusiasm.
Shah believes that due to lack of liquidity, high interest rates and delays in debt, the demand has decreased. He said, "It is expected that the RBI will reduce interest rates in the currency review meeting in April, which will improve profitability," and midcap and smallcap shares will also benefit from reducing liquidity and reduction in potential interest rates. He said, "If liquidity gets better, the performance of financial companies will be good. There is no major crisis in the market.
Corporate banks will perform better in FY 20 than FY18. Despite improvement from the rupees, many pharma companies can perform well. "The select bank, pharma and telecom companies are expected to earn better than that," he said.
Shah believes that the market has already absorbed many positive news. It includes interest rates cuts, better liquidity, improving the rupee and good effects of GST and notebooks. He said that the market runs centimeter and fundamental (basic) reasons, which are still concrete. He expects foreign investment this year to remain strong. Foreign investors have invested more than Rs 43,000 crore in March. It reflects better global liquidity. By March this year, the Nifty has risen to 6.5 percent.
For more information Top 10 Stock Advisory Company Indore
Shah said that the role of electoral results would be very important in speeding up the market during the short period. He said, "The market is expecting a stable government which will inspire economic reforms. If such a government comes, then the market will continue to support it." He also cautioned against excessive importance of the elections in the market. Shah said, "It holds the importance only on the day of conclusions, after which the government's work speaks, governments and alliances are different, due to this the market rises."
The market leader emphasized that the domestic market is ignoring the decline in demand. Basically there is a slowdown in the economy, because the sales of auto companies are declining and the comments of FMCG companies do not increase enthusiasm.
Shah believes that due to lack of liquidity, high interest rates and delays in debt, the demand has decreased. He said, "It is expected that the RBI will reduce interest rates in the currency review meeting in April, which will improve profitability," and midcap and smallcap shares will also benefit from reducing liquidity and reduction in potential interest rates. He said, "If liquidity gets better, the performance of financial companies will be good. There is no major crisis in the market.
Corporate banks will perform better in FY 20 than FY18. Despite improvement from the rupees, many pharma companies can perform well. "The select bank, pharma and telecom companies are expected to earn better than that," he said.
Shah believes that the market has already absorbed many positive news. It includes interest rates cuts, better liquidity, improving the rupee and good effects of GST and notebooks. He said that the market runs centimeter and fundamental (basic) reasons, which are still concrete. He expects foreign investment this year to remain strong. Foreign investors have invested more than Rs 43,000 crore in March. It reflects better global liquidity. By March this year, the Nifty has risen to 6.5 percent.
For more information Top 10 Stock Advisory Company Indore
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