ET WLF 2024: Top industry leaders shed light on AI, US growth and other trends that can disrupt businesses amid uncertaintyAt the Economic Times' World Leaders Forum, industry experts discussed factors like Artificial Intelligence and US growth that could disrup...
Expect market to remain range-bound for next 4-5 months: Ritu Gangrade AroraIn terms of FII flows, they are fickle; one will have to watch them closely, especially in the light of Fed announcements, Arora says.
Expect market to be range-bound in near term: Ritu Arora, Canara HSBC OBC Life InsuranceThe valuations on many sectors are still attractive and hence there will be a tug-of-war and then there will be an uptick again.
Prefer private sector banks over PSU banks: Ritu Arora, Canara HSBC OBC Life InsuranceTelecom is an interesting sector because as a sector, it is pretty low on valuations at this point in time and hence there is upside, says ...
Markets may pause before positive momentum continues: Ritu Arora, Canara HSBC OBC Life InsuranceWhile market is not expensive, it is definitely at a higher end of the band. Expect to see some pause before the momentum continues.
PSU banking stocks are available at attractive valuations: Ritu Arora, Canara HSBC OBC Life Insurance" In this environment, I would strongly recommend a bottom up analysis based on fundamental strength of each stock."
Pause in markets is justified: Ritu Arora, Canara HSBC OBC Life InsuranceThe budget was a reasonably good exercise in accounting and fiscal roadmap, says Ritu Arora, Canara HSBC OBC Life Insurance.
- Don't expect spectacular turnaround in IT sector earnings: Ritu Arora
"IT would be under pressure what would be key to look out for is a volume growth that these companies have to demonstrate."
- Prefer infrastructure and capital goods to commodities: Ritu Arora
Infrastructure and cap goods preferred over commodities at this point in time. Commodities definitely have a potential but I would expect s...
Expect market to remain sideways for next two months: Ritu Arora, Canara HSBC OBC Life Insurance"I would be worried about sectors like IT where we are seeing a lot of volatility on currency," says Ritu Arora, Canara HSBC OBC Life Insur...
- Parliament action, fiscal cliff to dictate markets in near term: Ritu Arora, Canara HSBC OBC Life Insurance
It would be legislative action and the fiscal cliff that one would look out for, besides more stability in Europe, says Ritu Arora, Canara ...
- Markets to remain range-bound with a downward bias in near term: Ritu Arora, CIO, Canara HSBC OBC Life Insurance
Currency stabilising with policy actions and support from RBI would be a big positive for India, says Ritu Arora of Canara HSBC OBC Life In...
- Growth data unlikely to result in rate cut immediately, Ritu Arora, Canara HSBC OBC Life Insurance
We are also grappling with dwindling results, the depreciating rupee and high inflation. So, it is not an easy decision for RBI to induce l...
- RBI should cut rates to reverse falling capital formation: Ritu Arora, Canara HSBC OBC Life Insurance
I do hope that there would be a 25 bps cut in rates on Tuesday because that is really essential for changing the sentiments in the economy.
Crude to dampen sentiments on stock markets next week: Ritu Arora, Canara HSBC OBC Life InsuranceThis Budget will have a very defining impact on the trajectory of Indian economy over the next couple of years.
- Market movement volatile with bearish tone: Ritu Arora, Canara HSBC OBC Life
In an interview with ET Now, Ritu Arora, CIO, Canara HSBC OBC Life Insurance, talks about market and economic scenario. Excerpts:
- Troubles in Europe are pretty deep: Ritu Arora, CIO, Canara HSBC OBC Life Insurance
The troubles in Europe are pretty deep; and an immediate bailout of Greece and other economies that are floundering is a necessity.