HDFC securities’ Post

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

What has lead to recent fall in the stock market?.. Here may be some reasons which has lead to recent fall in the stock market.. 1. There was some insane bull rally going on during these past few weeks after the elections results in some states. Now may be due to profit booking and valuation concerns this have resulted in the fall in indices 2. The fall in the Nifty was primarily due to the Hdfc bank as it highly weighted in Nifty50. HDFC Bank fell due its december quarterly earnings data. 3. FII selling almost 27k crores of stock, but net outflow was 10k crores, which also impacted the market sentiments. The sheep mentality took over in retail traders fear of not selling at peak valuations. #linkedin #hdfcbank #nifty50 #sensex #stockmarket

In his latest feature on moneycontrol.com Unmesh Sharma, Head of Institutional Equities at HDFC securities, explains why the firm remains underweight on the #ITsector. Despite some demand from #BFSI clients, macro uncertainty and weak discretionary spending are limiting growth. The NIFTY IT index is trading at +2 standard deviations above its mean, leaving little room for further appreciation. HDFC Securities expects a gradual recovery in the IT sector over the next two years. On the other hand, the #FMCG sector is demonstrating resilience. Strong demand in consumer staples like hot beverages and refreshments, alongside favorable factors like a normal monsoon and moderating inflation, are driving rural consumption. HDFC Securities has turned marginally overweight on FMCG, increasing exposure over the past two quarters, as reflected in their HSIE model portfolio. Looking at the broader economic environment, Sharma anticipates a 25bps rate cut by the US Federal Reserve by December, with the #RBI likely to follow in CY24. This aligns with HDFC’s balanced approach to managing risk and opportunity across sectors. For more detailed insights, check out the full article - https://lnkd.in/drAuacpq #HDFCSecurities #IT #StockMarketIndia #Investing #Nasdaq #WallStreet #Valuations #Sensex #GiftNifty

In his latest feature on moneycontrol.com Unmesh Sharma, Head of Institutional Equities at HDFC securities explains why the firm remains underweight on the #ITsector. Despite some demand from #BFSI clients, macro uncertainty and weak discretionary spending are limiting growth. The NIFTY IT index is trading at +2 standard deviations above its mean, leaving little room for further appreciation. HDFC Securities expects a gradual recovery in the IT sector over the next two years. On the other hand, the #FMCG sector is demonstrating resilience. Strong demand in consumer staples like hot beverages and refreshments, alongside favorable factors like a normal monsoon and moderating inflation, are driving rural consumption. HDFC Securities has turned marginally overweight on FMCG, increasing exposure over the past two quarters, as reflected in their HSIE model portfolio. Looking at the broader economic environment, Sharma anticipates a 25bps rate cut by the US Federal Reserve by December, with the #RBI likely to follow in CY24. This aligns with HDFC’s balanced approach to managing risk and opportunity across sectors. For more detailed insights, check out the full article - https://lnkd.in/drAuacpq #HDFCSecurities #IT #StockMarketIndia #Investing #Nasdaq #WallStreet #Valuations #Sensex #Giftnifty

My social media feed is full of bullish sentiments around HDFC bank and this makes me nervous. While the excitement is understandable, let's analyze some technical indicators to see if they support the hype, especially for retail investors. 1. The chart shows HDFC Bank hovering around its 200-DMA. This technical level is often seen as a long-term support or resistance line. In this case, the stock's indecisiveness near the 200-DMA can be a cause for concern for retail investors. It's difficult to predict when the stock might break decisively above (bullish) or below (bearish) this key level. Getting stuck in a sideways consolidation phase could result in an opportunity cost, meaning you could miss out on other potentially lucrative opportunities in the market. 2. The RS line compares the performance of HDFC Bank to its sector or industry peers. The RS line of HDFC Bank is below 0 which indicates that HDFC Bank is currently underperforming compared to its peers. This suggests the stock might not be the best use of your capital. It's important to know the difference between Relative Strength (RS) and Relative Strength Index (RSI). Check the posts below to understand the difference https://lnkd.in/gj7K_pdR https://lnkd.in/gDhAHdqE Conclusion: Patience is Key for Retail Investors Given the technical analysis, there might be better entry points for retail investors with HDFC Bank. Consider waiting for the stock to establish a clear trend above the 200-DMA and show signs of outperformance relative to its peers. In the meantime, focus your research on stocks that are demonstrating strong momentum and outperforming the broader market. Disclaimer: This post is for informational purposes only and should not be considered financial advice. Always do your own research before making any investment decisions. Follow Om Ghawalkar for more such content. #stockmarket #investing #trading #HDFCbank #linkedin

3 months ago, I had analyzed the performance of HDFC Bank and talked about the probable PE expansion that is due in the stock. 🤔 Today, the stock has closed above its 3 year high 📈 with a run-up of about 20% 🚀 in the last 3 months. This post is not to boast about my analysis but to highlight the importance of value investing and patience.💡🤞 1. Market sentiment on this stock was quite negative some time ago,😥 however the fundamentals were hinting that it is a good solid company.💪 It was poised for a bounce-back, no one could tell when but the scope was definitely there. Key here was PATIENCE. 🧘♂️😁 2. The very basic nature of this type of investing is to enter into such companies available at a good valuation with respect to their performance and sit tight on them.😃 😎 3. Do you have any such companies in your hindsight which are available at good valuations today? I'll probably look for some and post my analysis on them. Till then we can all enjoy the rally on HDFC bank... 📈 🚀 Read my analysis, posted 3 months ago if you guys want to have a look: https://lnkd.in/ds7BdNvV Not a call or recommendation. Consult your own financial advisor before investing. #valueinvesting #financialmarkets #HDFCBank

The power of Indian retail investors is unmatched 💪 Post COVID-19, retail investors have given depth to the markets but still there is a long way to go, Bharat Shah of ASK Asset & Wealth Management and Navneet Munot of HDFC Mutual Fund. #PL80YearsOfTrust #IndustryGrowth #EconomicGrowth #FutureForward #PrabhudasLilladher

Do you really think that fundamentals are driving the market to reach new high everyday? If “Market is supreme” Then “Liquidity is the king” If you will do a careful analysis about what really has made the market move around 6% in last 3 weeks, You will get to know that there’s only 2 reasons 1️⃣First one being biggest contributor to nifty50 : No specific stock has moved up significantly it’s the Reliance Industries and HDFC bank (having over 20% allocation in nifty50) which are fueling the rally Markets are up 1% on Monday because reliance is up 3% Markets are up 1% on Tuesday because HDFC bank is up 3% This has been the mantra for past 20 days 2️⃣Second being the Liquidity in the market: On Account of the upcoming budget there are several sectors which are swinging only one side. Operators are also getting a chance for lots of pump and dump Be it railways,defence,housing,agriculture,shipbuilding,renewables,power etc You name it and you can see the increased liquidity in each sector ⚠️Every fund house and every celebrity investor has already warned of the overvalued market and also of correction is due Then why is that if everyone is bearish around you and fall is expected ,Markets still hitting new high every other day ? I’m warnings you ,it’s the OPERATORS Be it in FII or DII ,this is how it works in every penny stock there is an extreme upside and everyone will talk about it wants to make money out of it but it doesn’t end well for them due to the freefall after the operators have made their money. It is just happening at a very big (index) level 👋Conclusion is that the boat has already taken off, yes you read that right ,it’s the situation we are in , I don’t think entering into a new stock which is not in your portfolio is the right choice for now. Even you hold very good and quality company it will not matter when the freefall starts .Your fundamentals,management concalls,price action,research model etc will not work in front of the fall. Repeating this again “Market is superior to everything and you can’t time the market unless you can see the short term future” Brace yourself if you have all your money invested especially into small caps/midcaps If not then enjoy the rally while it lasts and keep booking profits/losses📈📉

Varun Lohchab, head of institutional research at HDFC securities, suggests that despite a recent correction, there's still some froth in the broader market, particularly in smallcaps, which may slide further. He predicts a GDP growth rate of 6.2 per cent to 6.5 per cent for FY25, cautious due to global slowdown, urban demand moderation, and slower government capex growth. Lohchab believes the Nifty50 might reach 25,000 in the next financial year, though a major correction isn't expected. He sees potential for increased divestment post-general elections, given favourable market conditions. Regarding Q4FY24 earnings, he anticipates a continuation of previous trends, with sectors like BFSI, cement, pharma, and metals performing well, while others may disappoint. IT company earnings may remain weak in Q4, but he expects improvement in FY25's second half due to potential increases in tech budgets. Lohchab concludes that while some froth has been cleared, there's still more to be removed, particularly in the smallcap segment, which may see another correction. Follow us for more such perspectives and daily stock recommendations. Check out the link in the first comment for full interview. #HDFCSky #SkyView #SkyRecommendations

HDFC Bank shares witnessed a significant uptick in the market, prompting market analysts like Amar Singh to provide insights into the factors driving this surge and the potential implications for investors. Singh's analysis provided valuable insights into HDFC Bank's share price gains, offering investors a deeper understanding of the factors driving market movements and informing their investment decisions. Watch: https://lnkd.in/geMRnxma | #hdfcbank #hdfcshares #investment #stockmarket #businessnews