Share Market: Talking about the further move of the market, Founder and CEO Deepak Shenoy of Capitalmind said that finally we are moving towards alltime high. However, it cannot be said when this level will be seen. It may take a few days or months. There are mixed signs in the market. However, there is a kind of relief in the market. As the results are coming, it seems that they are good. The results of some midcap and smallcap companies have been quite good. Its effect is now visible on the stocks. Domestic money is coming in the market for funds. Shopping from domestic funds has also increased. But nothing can be said more about the market with a 1 -week move. Despite such a large geopolitical tension, the market has only gone up.
There are positive indications in large private banks. They are spread in both corporate and retail. If there will be Rakwari in the corporate loan, then it will benefit big banks. This will benefit not only PSU banks but also big private banks. The scope of credit growth is very high with I. They have a lot of funds. That is, there will be no need to raise funds from anywhere to give them loans. Their capital Edquivasi ratio has become very good. Private banks will also benefit from increasing capes from the industry. If the banks needed to do QIP to raise funds, then their stock price would have been affected, but due to sufficient money from these banks, they do not need to raise funds. In the case of personal loans, private banks will also have a short recovery. The valuations of private banks have also improved compared to earlier. Investors must include good banks in their portfolio.
Talking on the electronic manufacturing sector, Deepak Shenoy said that Trump has actually said that Apple made shares sold in America in America and shares sold in India in India. There is nothing wrong in this. Every company thinks about its interest. India should also think of making things in its own country. This is in the interest of India.
Defense Stocks: Defense Budget, BDL, Majhgaon Dock and Bel Life Time High can cross Rs 7 lakh crore
Giving his opinion on defense shares, Deepak Shenoy said that India is the second largest weapon in the world. But now the country is focusing on indigenization. Due to this, the market cap of defense companies has increased considerably. There will be further increase in it. Defense is the second largest share of budget in the government’s budget. All this money was going to foreign companies. But due to increasing indigenization, these money will now go to domestic companies. In such a situation, the income of domestic defense companies will increase by 4-5 times in the next 3-4 years. After Operation Sindoor, the outlook of many defense companies has become quite good.
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