Tweet Buster: 13K for Nifty in 2019 & why farm loan waiver not a bad idea
Shankar Sharma says post-state election market rally is a sign of bulls making a comeback.
So, every projection for the market in New Year has a cautious tone now, what with the general elections also adding a fair dose of uncertainty.
Yet, there is optimism that Nifty would head towards 13,000 kind of levels in the year ahead. Some analysts are projecting a major rebound in smallcaps and midcaps.
Here is a sample of how the chattering class of Dalal Street is talking about the year ahead on Twitter.
Projections for 2019:
1. Amisha Vora, Joint MD at Prabhudas Liladher, says midcaps will bounce back in the coming year and the market should see a good runup during Januray-March 2019.
With this premise in mind, I feel the mid-caps will bounce back big time in coming year post the severe correction… https://t.co/721tzD62q1
— Amisha Vora (@amisha_vora) 1545303231000Vora also expects the interest rate cycle to turn around in 2019, and says rate cuts are on the horizon.
As the #inflation #outlook continues to be benign, CY 2019 should see the rate cycle turning and rate cuts may well… https://t.co/SBrAKdcfk2
— Amisha Vora (@amisha_vora) 15452971380002. Amar Ambani, who recently took over as Head of Research at YES Securities, is very bullish about 2019 and is projecting Nifty to touch the 13,000 mark.
My positive market view still remains intact. We are heading for 13000 on the Nifty in 2019. I m banking on 1). t… https://t.co/HRB5BGw9yn
— Amar Ambani (@AmarAmbani) 15450264110003. Sandip Sabharwal shared his outlook for various asset classes and how he is looking at different sectors for 2019.
Gold is likely to be an interesting asset class in 2019. Probability of double digit returns are high.
— sandip sabharwal (@sandipsabharwal) 1545233602000Commodity stocks should be significant underweights and Infrastructure /Capital Goods stocks significant overweights going into 2019
— sandip sabharwal (@sandipsabharwal) 15452821460004. Safir Anand finds many of the steel stocks interesting. Is he raising is bets over there? Here’s what he tweeted.
Steel secretary hits at better times for steel sector. Remedial measures if needed in anti dumping. Prices of man… https://t.co/O9cYNQ3s19
— Safir (@safiranand) 15453659840005. Market veteran Shankar Sharma says the post-state election market rally is a sign enough of the bulls making a comeback. Is that so?
India's amazing post election results rally has now reignited hopes of a bull market. What a remarkable turnaround… https://t.co/hMTgDMa3CK
— Shankar Sharma (@1shankarsharma) 1545039581000Meanwhile, Dalal Street's top names also had their thoughts to share on the new political fever around farm loan waivers.
Samir Arora came out in favour of loan waivers. He argues we cannot have very low prices for farmers.
Basically IND cant hv v low prices for agri. Either directly give farmers higher prices or indirectly-loan waiver/d… https://t.co/aNxsabk1Qu
— Samir Arora (@Iamsamirarora) 1545207775000If we have low inflation, that means farmer is losing. Therefore it is only fair that he be helped in some other fo… https://t.co/Fn16fxNXtC
— Samir Arora (@Iamsamirarora) 1545202456000India startups also became a talking point on Dalal Street.
Shankar Sharma says…
I am astounded at the size of fund raises by Indian startups, eg, Swiggy raising $1 bln recently on top of plenty b… https://t.co/TyGmw2Im1Y
— Shankar Sharma (@1shankarsharma) 1545501329000And Samir Arora had this point to make...
Investors should see how many LISTED indian companies have US$ 1 billion market cap, US$ 2 billion mkt cap, US$ 5… https://t.co/1cgpcIL23f
— Samir Arora (@Iamsamirarora) 1545366466000And to top off today's writeup, let’s take a look at how Shankar Sharma summed up recent market behaviour.
Chandramukhi ho ya Paaro, ki farq painda yaaron...as I say, bazaar has no ideology. Except Money. Yeh kabhi bhoolne… https://t.co/q8D4tIAUkt
— Shankar Sharma (@1shankarsharma) 1545220800000Download ET Markets APP
In this market, 20% earnings growth for midcaps and smallcaps is something to die for: Aishvarya Dadheech
