HDFC securities

Market Momentum & Investor Trends: Insights from Dhiraj Relli, MD & CEO HDFC securities on CNBC-TV18 Mr. Relli shared valuable insights on the recent surge in equities. He acknowledged that while valuations are stretched, they aren't euphoric. 📈 He further highlighted the significant role of retail investors, with June's #SIP inflows hitting ₹21,262 crore and equity mutual fund inflows exceeding ₹40,000 crore. Retail participation is on the rise, with 43 lakh new Demat accounts added last month alone. Mr. Relli says, the average SIP ticket size, currently at ₹2,368, is expected to grow as investors become more confident and increase their investments. While acknowledging the risks of stretched valuations in mid-cap and small-cap stocks, Relli suggested staggered investing as a prudent strategy. He recommends large-cap or Nifty #ETFs over thematic funds for retail investors, citing the importance of a #diversifiedportfolio. He also discussed the evolving regulatory environment, highlighting #SEBI's active role in #investorprotection and emphasized the need for continued measures to ensure market sanity. Watch the full interview here: - https://lnkd.in/drTARbXm

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Listen to #MarketSavera Podcast by Devarsh Vakil on Spotify - https://lnkd.in/dqZAz_iY U.S. stocks ended higher on Monday, as traders increased their bets on the possibility of a Donald Trump victory in November's U.S. presidential election following a failed assassination attempt over the weekend. The growing probability that the U.S. Federal Reserve will begin cutting its key interest rate as soon as September also helped feed risk appetite. The Indian government has raised the windfall tax on petroleum crude to 7,000 rupees per metric ton from 6,000 rupees, with effect from July 16. Bitcoin hit a two-week high Monday, as betting markets suggested an increased chance of victory for crypto-friendly candidate Donald Trump in the U.S. presidential election. Century Textiles bought 5 acre land parcel in Gurugram, Haryana, with an estimated revenue potential of Rs 1,400 crore Lupin divests women’s health specialty business in US to Evofem for $84 million Tata Steel plans Rs 10,000 crore of capex a year to hit 40 mtpa by 2030 Asia-Pacific markets open mixed on Tuesday as traders in Asia react to Federal Reserve Chair Jerome Powell’s comments that the central bank will not wait until inflation hits 2% to cut interest rates. Nifty ended at a fresh closing high in the first session of the week tracking sharp gains in large PSU stocks. At close, Nifty was up 0.35% or 84.6 points at 24586.7. Nifty could stay in the 24494-24635 band for the near term. Indian markets could open flat to mildly higher, in line with mixed Asian markets today and higher US markets on July 15

In a recent interview with LiveMint, Deepak Jasani, Head of Retail Research at HDFC securities, shared his insights on the market outlook following the #UnionBudget. Jasani predicts that the market may witness some profit-booking as investors reassess their portfolios in response to budgetary announcements. He emphasized that such a trend is not unusual, given that markets often adjust post-budget. Jasani discussed future market expectations as he advised investors on investing in sectors with fundamental strength and growth potentiality. He stated that some selling pressure can be seen in sectors like real estate and construction, while oil & gas sector along with metals might continue attracting investor interest given their fundamental strengths and favorable market conditions. In addition, Jasani also said that the budget’s emphasis on infrastructure development could lead to a growth in such sectors. He advised to have a diversified portfolio so as to balance risk and return advising investors to update themselves regarding the global economic trends that may impact on the market. Read the full article here: https://rb.gy/8v9brf

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Join us today at 2 PM for a special live interview with Dhiraj Relli, MD & CEO - HDFC securities, on CNBC-TV18. In this 20-minute session, Mr. Relli will provide invaluable insights into how investors should navigate the markets as they scale higher. He will discuss key global and domestic risks and opportunities, key sectors to watch for and the approach towards IPO market amid influx of new offers. This is a must-watch for anyone looking to stay ahead in the investment game. Set your reminders and get ready to gain from the wisdom of one of the industry’s top leaders. Don’t miss out! Watch here - https://rb.gy/30lu2d #HDFCSec #HDFCSky #CNBCTV18 #Investing

Listen to #MarketSavera Podcast by Devarsh Vakil on Spotify - https://lnkd.in/djZbAXGN U.S. stocks closed higher Friday after paring gains in the final stretch of trading, with all three major indexes rising for the week. Consumers’ optimism about the economy fell to an eight-month low in July over frustration with high prices, even though they expect inflation to slow over the next year. U.S. stock-index futures saw a modest rise Sunday night, as financial markets opened for the week following an apparent assassination attempt on former President Donald Trump a day earlier at a campaign rally. Traders took stock of the likelihood of Donald Trump winning the US presidential election after an assassination attempt. India’s retail inflation rose to four-month high of 5.08 percent in June compared with 4.75 percent in the previous month as food inflation galloped to 9.4 percent given the impact of heatwave on vegetables. The industrial output growth in India surprised in May rising to a seven month high of 5.9 percent from 5 percent in the previous month, as manufacturing and electricity production soared, according to the official data released on July 12. Collection of net direct tax in India jumped 20% to Rs 5.74 lakh crore till July 11 in the current financial year on higher advance tax payment by corporates, according to the Central Board of Direct Taxes. HCL Tech revenue was in line with estimates and profitability was above expectations in Q1FY25. Dabur expects a gradual growth in consumption this fiscal as it expands into the rural areas. US FDA conducted a Pre-Approval Inspection (PAI) of Piramal Pharma Limiteds PPDS Ahmedabad facilitycompleted successfully with Zero Form - 483 observations and No Action Indicated (NAI) designation. Asia-Pacific markets mostly fell on Monday as investors awaited China’s Third Plenum and also assessed an assassination attempt on former U.S. President Donald Trump at a rally over the weekend. Nifty ended strong on July 12 led by Information Technology stocks after Tata Consultancy Services surprised the street with its Q1 results. Nifty IT index touched the highest since Jan 2022. At close, Nifty was up 0.77% or 186.2 points at 24502.2. Nifty broke out of the range of the last 6-7 sessions and closed at record highs. Nifty could now gradually rise towards 24960 while 24174 and later 23993 could provide support in the near term. Indian markets could open mildly higher, despite mostly lower Asian markets today and in line with higher US markets on July 12

Listen to #TGIW Podcast by Deepak Jasani on Spotify : https://lnkd.in/dkvuGcAu Domestic equity indices continued their upward trajectory for the sixth consecutive week. Investors now look forward to the Q1 earnings season that started this week and the upcoming budget announcement scheduled for July 23rd, which could provide further direction for the market. Multiple tailwinds led the market to come out of its range-bound trajectory. The strong result from the IT bellwether and a drop in US inflation to a one-year low added optimism to the market. Sensex advanced 0.65% and Nifty added 0.73% over the week. The markets edged higher in 2 out of 5 trading sessions during the week.

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