Mihir Vora, chief investment officer at TRUST Mutual Fund, believes it is time to increase exposure to equities as he expects 10 to 12% earnings growth for large-caps and about 20% earnings growth for mid-caps and small-caps over the next couple of years. “The medium-term opportunity remains compelling, but the path is unlikely to be…
Riddhiman Jain, Managing Director (MD) and Head of Investment Strategy and Solutions, Waterfield Advisors, believes artificial intelligence (AI) is a secular, long-term theme, as the scale of transformation across industries suggests it is structural. Jain, however, cautioned that investors should follow a diversified approach given the sharp dispersion in returns and valuations within the AI…
Reacting to the government’s move to raise the Securities Transaction Tax (STT) on futures and options (F&O), Zerodha co-founder and chief executive officer Nithin Kamath said, “If you think the Indian markets are speculative, the US markets will blow your mind.” In a post on The Indian entrepreneur’s remarks come after Finance Minister Nirmala Sitharaman…
The recently-announced increase in the Securities Transaction Tax (STT) by Finance Minister Nirmala Sitharaman during the Budget presentation for the upcoming fiscal could be counterproductive if the government intends to curb speculative activity in futures and options (F&O), according to Nithin Kamath, founder and chief executive of Zerodha. In a post on social media platform…
