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PRASHASTA SETH
The true cost of PMS returns: Disclosing the hidden gap between headline numbers and real investor gainsFrom glossy returns to tax drag, what an equity PMS earns investors often trails what is advertised.
Global factors responsible for market sell-off: Prashasta SethIn a chat with ET Now, Prashasta Seth, senior fund manager, IIFL Wealth shares his market outlook.
No major trading upside to expect in tyre stocks : Prashasta SethPrashasta Seth, Senior Fund Manager, IIFL Wealth, shares his views on tyre stocks.
Investors with 3-year view can buy United Spirits: Prashasta SethPrashasta Seth, Senior Fund Manager, IIFL Wealth, shares his views on United Spirits.
Expect 20-25% earnings growth for ITC: Prashasta SethPrashasta Seth, Senior Fund Manager, IIFL Wealth, shares his views on ITC.
Money is flowing to early cyclical plays like capital good: Prashasta SethPrashasta Seth, Senior Fund Manager, IIFL Wealth, shares his views on capital good space.
Expect trading upside in major sugar stocks: Prashasta SethPrashasta Seth, Senior Fund Manager, IIFL Wealth, shares his views on sugar stocks.
Markets likely to offer better opportunities in next three months: Prashasta Seth"Start selling at 6000 odd Nifty levels. Markets will give you better opportunities to enter over the next three months or so."
Stick to quality stocks for better returns in current market: Prashasta Seth, IIFL Wealth"The markets look fairly oversold and generally the sentiment across the market spectrum is fairly negative," says Prashasta Seth.
Avoid capital goods, auto ancillary stocks: Prashasta Seth, IIFL Wealth"There is no chance of capex cycle being revived before elections. So, I would definitely avoid all the capital goods names."
Reliance is a sell: Prashasta Seth, IIFL Wealthunless you see a sharp rise in production of gas from current levels, I would be a seller of Reliance rather than a buyer.
- Have a negative bias on Jubilant Foodworks: Prashasta Seth, IIFL Wealth
We have a negative bias on Jubilant because we believe that the domestic demand is going to slow down.
- A 50 bps cut would have been a big positive for market: Prashasta Seth, IIFL Wealth
The number which the RBI gave was exactly in line with market estimates. It was already factored into the prices, says Prashasta Seth.
- From a trade perspective, buy Pantaloon Retail around 160-165 levels: Prashasta Seth, IIFL Wealth
In a chat with ET Now, Prashasta Seth, Senior Fund Manager, IIFL Wealth shares his views on Pantaloon Retail (India) Ltd.
- Avoid getting into sugar and fertilizer space: Prashasta Seth, IIFL Wealth
In a chat with ET Now, Prashasta Seth, Senior Fund Manager, IIFL Wealth shares his views about the sugar and fertilizer space.
- As of now, avoid getting into telecom space: Prashasta Seth, IIFL Wealth
In a chat with ET Now, Prashasta Seth, Senior Fund Manager, IIFL Wealth shares his views about the telecom pack.
- Avoid real-estate pack from a fundamental perspective: Prashasta Seth, IIFL Wealth
In a chat with ET Now, Prashasta Seth, Senior Fund Manager, IIFL Wealth shares his views about the real-estate pack.
- QE3 needed to sustain the current market rally: Prashasta Seth, IIFL Wealth
The markets have basically been moving on the basis of FII money," says Prashasta Seth, IIFL Wealth.
- Hindalco better placed in metal sector: Prashasta Seth, IIFL Wealth
Malaysia and Indonesia have banned exports of bauxite and that should help companies like Hindalco, which has its own mine for bauxites.
- IT sector to witness slower growth: Prashasta Seth, IIFL Wealth
You have to brace for a slower growth than what the markets have been talking about in the recent times.