Discussing Market Fundamentals Parag Thakkar, Senior Fund Manager, Fort Capital Said that due to Trump effect, increase in bond yields and strengthening of dollar, there has been pressure on domestic prices in India. Buying opportunities are visible in this correction. There are good buying opportunities in banking and finance. Bajaj Finance The stock is looking quite good. A rise of 20 percent is possible in this stock in the next 3 years. The company itself has said that their AUM can double in the next 5 years. If the economy is good then this can happen even in 3 years. Along with this, the cost of funding of the company has also peaked. Now there is no hope of progress in this. There are some concerns about the company’s credit score. But this problem is also likely to end after March. In such Bajaj Finance and Ambuja Cement Like domestic cyclical stocks may see good growth in future.
Talking about the cement sector, he said that the second quarter was one of the worst quarters for the cement sector. There are no signs of the third quarter being very good for this sector. But channel check shows that the demand for cement has increased slightly in the last 15 days. So now Ambuja There are very good opportunities for investment. Parag told that Ambuja Included in his top holding. Apart from this, he also has investments in Bajaj Finance.
reliance Talking about this, Parag said that at the current price Reliance should be in the portfolio. Reliance Industries will grow further. RIL Further improvement in retail business is expected. Parag told that this share is included in the top ten holdings in his portfolio. Other than this SBI, Awas Finance and ICICI Bank are also included in his top holdings.
Trading Plan: Will Nifty remain above 24000, will Bank Nifty be able to stay at 51400?
Talking about the auto sector, Parag said that recovery is coming in rural India. But the demand in urban India is still sluggish. Auto valuations are not looking good at this time. m&m’s Has launched very good products. Investors’ interest in this stock will remain. Other than this TVS Motors Looks good too.
Parag further told that in government banks he SBI Like it. in defense HAL looks better. He also informed that this fall he has invested in mid-caps. Granules India Have invested in.
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