The very cream of market veterans with decades of street cred share their invaluable perspective and analysis.
Richard Titherington, Head of Global Emerging Markets at JP Morgan AMC, shares his views on global equity and risk and discusses India's currency concerns. Watch him describe the "fight for capital" and discuss JP Morgan's Sectoral bets in this segment of Market Guru.
Kenneth Andrade, Fund Manager at IDFC Mutual Funds says that large corporate restructuring has happened for India Inc. and believes that all its problems can be solved. "Corporate India has quadrupled in the last seven years and its structure has become robust," Andrade said, adding that corporate India will not waste any capital here on. Catch him sharing his views on other economic problems such as investment sentiment, market mood and earnings expectations in this segment of Market Guru.
After analyzing companies that were dropping capital, Andrade said equity investors must buy efficient capital. Earnings growth is possible if the business is solvent, Andrade said. He further states that not all companies are doing badly; 50% have enough cash flow to continue their business. Listen in to his views on the mid-cap cracks and his Sectoral picks, in this segment of Market Guru.
Jim Walker, Founder CEO and MD at Asianomics, discusses the confusing dollar deluage and states that fund flows towards India are surprising. He further talks about the "fight for capital" and the RBI's inflation fight. According to Walker, the investment pipeline is empty and the government may have missed the window for change. Now, the government has very little time and opportunity for change. Catch him discussing other major economic problems with Vivek Law in this segment of Market Guru.
Jim Walker, Founder CEO and MD at Asianomics, struck a cautious note as he said the company has lowered the rupee forecast and also expected inflation to worsen. He cites a slowdown in capital spending as a matter of concern, while downgrading India's growth estimate to 4-5%. Catch him sharing his concerns on the current account deficit and other economic problems, in this segment of Market Guru.
Sanjeev Prasad, Senior Executive Director and Company Head at Kotak Institutional Equities shares his views on the current political scenario and how it will affect markets. Furthermore, he discusses reforms, expectations from foreign trade and the ever increasing current account deficit, in this segment of Market Guru.
Sanjeev Prasad, Senior Executive Director and Company Head at Kotak Institutional Equities says that the government process of divestment needs to be improved as investors are not keen on the divestment candidates. Catch him discussing more such economic issues in this segment of Market Guru.
Arvind Sanger, Managing Partner at Geosphere Capital Management, told Bloomberg TV India that since there are no meaningful legs in the earnings story, the FY14 earnings estimates are unlikely to be raised. Watch this segment of Market Guru for more.
ICICI Lombard sells 17.7 Lk shares or 0.84% equity at Rs 270/sh
In pact with Reliance Nippon to sell Mutual Fund products
Nextgen Vakrangee Kendras to offer mutual fund distribution on pan India basis
Plans to sell part of se Asia biz as part of strategy to exit non scalable biz
To sell Singapore & Thailand units valuing them at $ 500Mn
Singapore & Thailand biz contributes 16% to revenues & 2% to EBITDA
To turn focus to domestic market
Avendus cap-KKR emerge as frontrunner to acquire IDFC MF
Offer of Rs 3,000-4,000 Cr made by FIN services firm