![]() ![]() There isn’t much to lose into it, ironically all the other sectors we are bearish or neutral on.Īmid the current market situation, what kind of portfolio allocation will you recommend to investors? PSU, automobiles, metals and infrastructure are our top picks, especially PSU looks extremely a value buy. Which are the sectors you are extremely bullish on over the next 1-2 years, and which ones are you bearish on? Could you also explain the reasons? The Indian financial system is extremely robust and the 1st recovery that will come will come 1st to India, and then the world.īut let’s understand that bad businesses are going to be punished whether in India or the US. ![]() Foreign investors, specially NRI/NRE/NRO, who were so much attracted to US markets, will again get attracted to Indian markets. Do you see any impact of this on India or the Indian banking system? The SVB crisis has become the talk of the town. But we hold good cash in our portfolio and are waiting for good business to buy out for the next 2-3 years. Though it is underperforming, the reason is we are not able to find great opportunities and the current business we hold didn’t demonstrate great success. Also, we see underperformance by years and not in months. If you see the smallcap index, we have done much better than that. Our view is that consolidation and panic will prevail for 1-2 quarters, after that we will hit “THE BIGGEST BULL RUN OF THIS DECADE”, once Nifty 500 crosses 16100 levels, right now we are at 14400-odd levels. With the worldwide issues and Adani Saga, people have started losing confidence in markets and there is also the case of panic and despondency, as the market has not performed from the last 18 months.įor every 1 stock hitting a 52-week high, there are nine 52-week low stocks, and that’s the biggest problem in markets right now. How do you expect equities as an asset class to perform over the next 2-3 months? What are the major downside risks? We don’t hold any big underperforming shares, we have changed our strategy from market to market, and we are on an average sitting on 25-35% cash at current levels, waiting for the right opportunity. Our saga always have been ‘Deciding Exit First’, on that scale we have always been with the market trend and the sector, we believe in bottom up approach, and we have been finding investments by our PPP approach i.e. How has Turtle Wealth maneuvered the volatility in equities and helped HNIs make money? “Our view is that consolidation and panic will prevail for 1-2 quarters, and after that, we will hit the biggest bull run of the decade once Nifty 500 crosses 16100 level,” Mehta, who is the founder and portfolio manager at the PMS firm, told ETMarkets in an interview. But beyond this volatility, Mehta does see a big rally for equities. The current volatility in equities is likely to persist for the next 2-3 months in the backdrop of the issues worldwide and events unfolding at Adani Group, according to Rohan Mehta of Turtle Wealth Management. ![]()
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