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NINE RIVERS CAPITAL
Andhra Cabinet gives nod to 34 proposals; boosts aviation, irrigation, industrial developmentThe Andhra Pradesh Cabinet approved 34 proposals, including a new aviation policy, organ transplantation law, and revised funding for the P...
What to know about the outbreak of a rare kind of Ebola as cases outpace responseA rare Ebola outbreak is spreading rapidly in Congo and Uganda. The Bundibugyo virus has no approved treatments. Health workers face challe...
Amaravati still under construction, but Quantum Valley project already luring deep tech startups, scientistsAmaravati, a new city in Andhra Pradesh, is becoming a hub for quantum computing. A technology park called Quantum Valley is attracting sci...
- Pricing discipline supporting the cement stocks: Nine Rivers Capital
Liquidity has remained supportive but it needs to really surge to take the markets above the 54 level, given where the macros are.
- Zee to benefit hugely from digitisation: Nine Rivers Capital
The stock looks good because it could benefit hugely from the digitisation which happens irrespective of digital service provider actually ...
- Overall condition do not look that compelling for banks: Nine Rivers Capital
Banks are the largest sector in the index and we have seen a reasonable rally, particularly in the private sector banks. So there is an ele...
- Buying metal stocks tend to be fairly risky: Nine Rivers Capital
We have seen that in general, metals because they are an input into production, do not do very well in periods of a slow growth. So the iss...
- Markets to go through slow-grinding recovery: Sangeeta Purushottam, Nine Rivers Capital
There will be bits of positive news which could provide trigger to markets in the next few weeks or months. I do not see anything big-bang ...
- Consumer sector may not perform for sometime: Sangeeta Purushottam, Nine Rivers Capital
The so called safe sectors will not perform for a while and money will flow back into the beaten down sectors.
- Indian market stock specific, rate cut may help auto sector: Sangeeta Purushottam, MD, Nine Rivers Capital
As far as India growth story is concerned, there are concerns over and above the interest rates cycle, says Sangeeta Purushottam.
- Pick auto for a longer term horizon: Sangeeta Purushottam, Managing Director, Nine Rivers Capital
On a relative basis, if you are taking a longer term call, autos are better because the valuations are not at their peak levels, says Sange...
- Reliance to remain range bound: Sangeeta Purushottam, Managing Director, Nine Rivers Capital
As far as Reliance is concerned, the pickup here will really begin when we have more visibility on the E&P business.
- HDFC to appreciate by 20% on a CAGR basis: Sangeeta Purushottam, Managing Director, Nine Rivers Capital
Over a 3 to 4-year basis, SBI will create more wealth but HDFC will give you less headache, says Sangeeta Purushottam.
- There is little upside for BHEL: Sangeeta Purushottam, Managing Director, Nine Rivers Capital
Over a period, the competitive intensity is getting tougher. So, there is little upside really to be seen at the moment, says Sangeeta Puru...
- Valuations in pharma stocks are high: Sangeeta Purushottam, MD, Nine Rivers Capital
Pharma will perform for a while but one needs to be careful on both the fundamental factors as well as valuations, says Sangeeta Purushotta...
- Fairly mixed picture for auto sector: Sangeeta Purushottam, MD, Nine Rivers Capital
we do see a cut in commodity prices, that is something which is potentially positive for autos, says Sangeeta Purushottam.
- Wait and watch for ONGC: Sangeeta Purushottam, Nine Rivers Capital
ONGC is linked to policy in terms of the sharing of the oil losses so both are partly dependent on the way policy emerges.
- Wait and watch for infra stocks: Sangeeta Purushottam, Nine Rivers Capital
The pack that I would watch a little closely really is the infra pack where at some point it would make sense to take some profit off the t...
- It will be a choppy year going ahead: Sangeeta Purushottam, Nine Rivers Capital
The news flow actually has improved somewhat at the margin and that is really what is reflecting in this rally that we are seeing.
- Approach the sectors that you understand and take a long term call: Sangeeta Purushottam, Nine Rivers Capital
The best way really to approach the market is to get into sectors where you understand the companies as you understand what is really going...