Market outlook: Due to today’s huge fall in the market, concern has increased among traders as well as investors. In such a situation, what should be done in the market? Which sectors are the mutual funds keeping an eye on? Join CNBC-Awaaz today to discuss this Nimesh Chandan, CIO, Bajaj Finserv AMCNimesh ji has more than 22 years of experience in the Indian capital market. He has been managing funds for about 17 years. He has also worked with Canara Robeco AMC. He has also been associated with Birla Sunlife AMC, SBI AMC. Let us know what is their strategy in the current market.
Earning opportunities in large cap stocks in 2025
Nimesh said that the new virus is also the reason for today’s decline in the market. There is a little fear among people about this. Apart from this, the economic data and updates of companies are showing some signs of recession. Due to this, there is pressure on some shares. But there are opportunities for earning in large cap stocks in 2025. There are many companies in this segment whose valuations look good. Their growth and quality are also good. 2025 will be in the name of large cap companies. But we will have to face volatility in the first and second quarters.
The fear of Covid is still in people’s minds. In such a situation, the news of some new virus is scaring them. The initial information that has come about the new virus is not so bad. It is possible that this virus may not be very dangerous. But people are more worried about this.
The first and second half of 2025 will be quite different from each other
Talking further on the market, Nimesh said that the first and second half of 2025 will be quite different from each other. The first half will be dominated by domestic, international and domestic exchanges, announcements and geopolitical issues. The second half will be a little better. Trump may be a little lenient towards India compared to countries like China. The picture will start becoming clear from March. Till then we will see ups and downs in the market.
Some good opportunities in private banks
Talking about bank shares, Nimesh said that the valuations of banks look quite good. But there are concerns about their deposit growth. There may be concerns regarding NPA in future also. In such a situation, it would be advisable to bet only on selected quality banks. It would be advisable to stay away from micro finance. Some good opportunities are visible in private banks.
Health care can become sector of the year in 2025
Nimesh is of the opinion that health care can become the sector of the year in 2025. Here you can see good speed. After this, there will be good earning opportunities in consumption and financial stocks also.
Keep some gold in your portfolio, it works as a goal keeper.
Nimesh further said that we should keep some gold in our portfolio. Gold is a companion of equities which comes in handy in bad times. When equity remains volatile. When there is some correction in it, you get some profit in gold. Due to this, your value is saved in bad times. Whenever international uncertainty increases, people’s focus on gold increases. Investors should assume that gold is the goalkeeper of their portfolio which helps them not in scoring goals but in saving goals.
Stock ideas: Nifty level of 25000 is possible till the budget, bet on these stocks for a rise of up to 40% in 2025
Bullish on large cap companies of IT sector
Nimesh told that he is bullish on some largecap companies of IT sector. The new year will be good for IT. IT companies having high exposure in America may benefit from American business uptick and rupee weakness. In IT, the risk-reward of large caps looks better than that of mid and small caps.
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