Wait for clarity before buying RBL Bank stock: Deven Choksey
Deven Choksey of KRChoksey advises those who wish to buy RBL Bank shares to wait for a clearer appearance. “There may be some irregularities, which may force the Reserve Bank of India to strictly monitor the bank, appoint directors and take necessary actions. I don’t know if this will be bad. But I would think if some so-called so-called Bad transactions and plans to take remedial measures will become clear,” he said.
“At this point in time, it’s not clear. If someone wants to buy into the bank, in my opinion, the waiting period will be a bit long. This is where I will pay close attention,” he added.
Once the internal dispute is resolved, a large part of IndiGo remains unresolved: Mayuresh Joshi
William O’Neil’s Mayuresh Joshi believes that once the internal discord (in terms of sponsors) is resolved, a large part of IndiGo remains unresolved. “But the market’s vision goes far beyond that. They focus on the structured story before them at this moment,” he said.
“I think in the past one or two quarters, with the lifting of restrictions and the capacity reaching 90-100%, the airline’s life has restarted. But with the reappearance of Omicron restrictions, many of these airlines are actually fighting because of their The moment of fierce competition has arrived…A lot of actions are taking place in many variables of the entire aviation industry. So I will classify according to how the news flow may happen. So I think this is the time when more transactions turn to these Aviation stocks,” he said.
Transition to 2022 to see a more normal monetary policy: Dhiraj Relli of HDFC Securities
Dhiraj Relli, managing director and chief executive officer of HDFC Securities, said that the transition to 2022 will see a more normal monetary policy, and investors can well expect moderate returns in the financial market. “Central banks will start raising interest rates, but will still be more tolerant of inflation. Central banks and their assessment of economic conditions may once again become the front and center of investment strategies in 2022,” he said.
“After the Super Show in 2021, the valuation level of the Indian stock market may make most people be cautious about India in emerging markets and Asia. The Indian stock market is facing many challenges, including the US interest rate cycle, rising oil prices, and key state The election, the potential third wave of COVID-19, the inflection point of rising domestic interest rates, rich overall valuations and strong relative tracking performance,” he added.
Complete News Source : CNBC TV18
