- 3 days ago
Experts shared the stocks they believe could offer good opportunities over the next few months to nearly two years. Their choices cover large caps, mid caps and small caps, and include firms in autos, metals, IT, capital markets and real estate.
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NewsTranscript
00:00good morning your welcome to our market opening show on a business today in collaboration with
00:18India today TV 9 a.m. we're here to get you all the action just ahead of those opening
00:24ticks let's take a look at the top headlines from the corporate and financial world this
00:27morning US markets and higher on a Fed rate cut hopes Dow jumped 660 points for a third straight
00:35gain Asia opens in the green tracking Wall Street optimism ahead of possible December policy easing
00:41data Motors kicks off for the annual January price hike announcements sites rising commodity costs
00:49which are squeezing margins as the reason hikes come just two months after the big GST cuts by
00:54the Modi government data Motors tells business today TV that it's eyeing 25% of the SUV market
01:00up from the current 16% but the air tell promoters to sell more than half a percent stake in the
01:08company today Indian continent investment a promoter entity will raise up to 7200 crore
01:14rupees through block deals shares to be sold at a 3% discount to Tuesday's close overall
01:20promoter holding to fall below 50% from the current 50.27% computer manufacturer HP to cut 6,000 jobs
01:32globally as part of its streamlining operations and AI adoption plans says AI is speeding up product
01:39development improving customer satisfaction and boosting productivity the company had already cut
01:452,000 jobs earlier this year even as US erects tariff barriers against India a crucial leap for
01:56they see seafood exporters after nine years of negotiations 102 Indian seafood exporters are
02:03allowed access to the European market huge Goyal says proper quality control measures have ensured
02:09seafood exports will surge despite US restrictions alright quick look at the US markets overnight markets
02:24are in fact buoyant both on Wall Street as well as Asia this morning on the back of Fed rate cut hope so
02:29that's really what's keeping sentiment in the green we'll pull up some of those sticks for you in just a
02:34moment we're also joined this morning by my colleague Shalendra Patnagar chief editor markets as well as
02:39Sharadavas the head of research at SMIFS morning a gentleman let's take a look at the index then how
02:45the setups looking for us today and what the actions looking like in pre-open it's been a fair amount of
02:50sideways trade and it looks like the trend is continuing after the recent spate of listings and
02:55all the earnings action and festive action it's become quite slow at the moment hasn't it Shell
03:00good morning to you Abhay and Sharadji a very warm welcome hello everyone we are on the first day of
03:11the December expiry remember the seasonality data is always very very positive for December in the last
03:1825 years or so the index has fallen only six times so it's a very very positive data and the gains have
03:27been phenomenal as early as 2023 we had an eight percent uptick on the nifty and the best gain in
03:34December has been 16.9 percent let's hope the gods are favorable for the moment it's a sideways trend for
03:40the next two or three days as the nifty settles into a fresh weekly monthly expiry strength coming into
03:47health care pharma PSU banks and to some extent realty stocks and a bit of pain coming into the broader
03:56nifty above all right shell will always find some silver lining to the markets so that's his take
04:04for today Sharad let me bring you in on the setup of the index and what you're making of the market
04:10trajectory right now yeah so good morning so I think finally you know we are getting to see a US rate cut
04:20most probably in December sometime and the change in Fed chairman post also most likely will be visible
04:27over the next three to four months so I think that will be a positive development though in India till
04:33now there have been very confusing signals regarding how the interest rates pan out because the G6 have
04:38not really obliged in terms of rate movements but I think with this rate cut and probably much more
04:45clarity with respect to India the two problems that we have been facing is that rates are not going
04:51lower in the US and hence we could not have a consonant rate cut here and the other problem we
04:56were facing is in terms of FII flows so I think once US enters into a rate cut cycle which is very
05:02pronounced and clear there is high probability that we will have more flows into India and the other two
05:09things that we are looking at is you know that in various indices the weightages that India has are
05:16already at lower than market weights so I think that is one space there is very little scope of further
05:21selling happening so FII flows we are expecting you know that based on interest rates currency
05:27probably now topping out at current levels there is a possibility that all this serves as a very good reason
05:34for FII flows to return to India and the currency weakness has also been in consonance with FII flows
05:41so I think once that happens you should also see some currency improvement so all in all I think the
05:46mood is very good and right for India to improve over the next three to four months and I think FII flows
05:52should also improve from here on. That's a really interesting point Sharadana and in fact I want to bring
05:57Shail in as well because Shail I think you had a chat with Puneeta Kumar Sinha and we'll play at an
06:01except later on the show but she was also sounding very confident in speaking from the horse's mouth
06:06so to say on that fund flow action moving back towards the Indian markets what were the top two
06:11reasons you know that she gave for backing the India story. Abha I think that conversation was
06:21really breathtaking in the depth and the width that she explored in terms of global as well as domestic
06:29stock market so one was of course the fact that there are four or five very very strong tailwinds
06:35that are there in the macro space in India we all know them GST rate cut you have the interest rate
06:42cut you have income tax rate cut a good monsoon and of course strength coming back into many many sectors
06:50plus domestic flows the only thing missing is the FII number which now looks to be positive so she's
06:56looking at a very strong trajectory on the nifty over the next 12 to 18 months and maybe just maybe
07:03mids and smalls now starting participating after you know we've stabilized on the nifty around 27 500 or so
07:11then she feels the mids and smalls will also start to rise Abha great all right we have some breaking
07:18news coming in the union cabinet is likely to approve the rare earth permanent magnets manufacturing
07:24incentive scheme with a corpus of 7300 crore rupees today the government's aim to establish a fully
07:31indigenous manufacturing ecosystem with an annual production capacity of up to 6 000 tons the program
07:37is expected to run for seven years that's the latest coming in remember this is significant of course given
07:43that usually it's a china edge on this front but right now the union cabinet has said that they're
07:49likely to approve the rare earth permanent magnets manufacturing incentive scheme that's a corpus of
07:557 300 crore rupees and the government aims to establish a fully indigenous manufacturing ecosystem
08:02with an annual production capacity of up to 6 000 tons that's expected to run for seven years significant
08:08when it comes to providing india an edge on the back of its rare earth mineral capacity there so big
08:15push coming in from the government on this shell immediate impact just a minute to go for opening
08:20but we're definitely likely to see a run-up on certain segments on the back of this
08:28Abha exporters shrimp exporters in particular should do extremely well and we also seem to see strength
08:36coming in broader exporters because of the trading the market is open for you it's a shade of green all
08:42yours absolutely let's pull that up for you green tick on opening let's pull up the indices see where
08:48we're at remember a little bit of overnight action that's feeding into the positive momentum on the back
08:53of a rate cut hope from the fed uh three tenths of percent high on the nifty bank as well a lot of
08:58action building up across those banking financial names and we'll pull up some of those as we go along
09:02it is back in action and looking strong today as well uh let's continue to bring up some of those
09:07gainers and losers for you uh we've also got a few brokerage upgrades pull up a godrich consumer
09:13buy call from goldman see if that one's reacting for you uh that's um that's one in particular we've also
09:19got some buy calls coming in on a century ply for instance we'll pull up some of these in a moment but
09:25on the index tata steel coal india itc that's what's bringing up the gainers list this morning so far
09:31a decent uptick coming in in some of these heavy weights and um bringing up on the losers front
09:37bharti airtel and we'll talk through of course the big news there tara consumer some of the others
09:42sipla bel hcfc bank on the downside let's really quickly pull up some of these buy calls uh we've got
09:48goldfish consumer as i said uh let's pull up um century ply uh these are some of the buy calls coming
09:55in this morning some of the others uh we'll go over a little bit later uh but premier energies i think
10:01there's a buy call coming in from nuvama on that one as well so let's see if we're seeing some early
10:06reaction to that goldridge consumer yes up about one and a half percent or so right now so that's
10:11the action coming in on gold rage on the back of that news coming in also keep an eye on oil and gas
10:17i want to pull up some of those majors also in just a moment uh premier also moving again a buy call
10:22coming in there ioc hpcl reliance brent remember has slipped over two percent uh drifting below 62 dollars a
10:28barrel as those russia ukraine p stocks are nearly nearing the final stretch so keeping an eye on
10:36some of those counters as well right reliance right now steady ioc hpcl will bring some of those up for
10:42you as well let's also bring up tata motors because we've got this big sierra launch coming in so let's
10:47bring up that and see how that's reacting this morning let's pull up a tata motors pb for you and
10:53um htfc amc i also want to bring that one up so six tenths of percent uh let's also pull up the pv
10:59division and uh there you have it two and a half percent so big launch coming in for you there and
11:04htfc amc has announced a one is to one bonus issue so let's pull that one up for you as well just to
11:09see how that's doing right now but that's the reason you're seeing those kind of ticks on the
11:13screen on the back of the bonus shell what are you picking up
11:16uh abha i'm picking up a record high on mcx now five digits okay 10 025 1.6 percent higher i'm
11:28tracking the record high on state bank of india on sriram finance au bank and ab capital so that's
11:35where you have a very very strong strength coming in broadly uh the market is in fine shape in the
11:41first five seven minutes of trade a very strong advanced decline ratio 1750 shares in the green
11:47just 558 in the red so that's an easy threes to one uh favoring bulls the metals index the it index in
11:54top shape and for a change abha after many many many many weeks i am seeing the nifty small cap index
12:02doing some wonders out of 100 shares 76 are in the green and the mid cap select index is also doing
12:08phenomenally well 25 shares 21 in the green so that is something that is a very very very very
12:15good sign for the broader market to start participating and of course a strong move coming
12:20into samman capital steel authority as well as sms pharma from the mid cap space abha all right uh so
12:29quite a few mixed stocks there they're seeing some action but let's get sharad in for his view on some
12:35of these segments as well sharad whatever is catching your eye i also want to uh of course
12:40highlight bharati um let me first get your view and then i'll take the audience through what's really
12:45happening on bharati today but from some of the stocks that are um popping out and opening
12:50sharad what's catching your eye um yeah so recently i think uh the tata motors is something that amongst the
12:58large caps is something that we like very much i think uh the valuations are very comfortable at this
13:02one the passenger vehicle part and with the sierra launch and a few more launches and most probably
13:07the jlr issue also is all been going ahead i think that's an idea which is our top better with the
13:12passenger vehicle space and uh i think something like a pg electroplash could be a good idea to look
13:18at within the mid cap and small cap space i think uh the type of growth that they can clock in over the
13:22next you know one and a half two years that should be very attractive and we've seen a bit of
13:27correction there so uh these are two things that we are looking at and uh regarding the mid cap small
13:34cap space i think we are looking at stocks like triveli turbines uh flare has been something we have
13:40been looking at so these stories look like good ideas to better okay bharati airtel let's pull up all
13:48the action there for you promoters are set to offload a 0.56 percent stake they're raising 7 200 crores
13:54via block deal today uh that sale is at 2096.7 rupees that's a three percent discount to tuesday's
14:01price and the stake sale by the promoter entity icil that's what's taking place they've already sold a
14:071.82 percent stake back in earlier in 2025 and the promoters currently hold about 50.27 percent in bharati
14:17and 27.5 percent of bharati airtel is owned by singtel so this gives you some amount of an idea of
14:24the breakup as well as the fact that uh the icil share will also go down a little bit post this
14:29and will be below 50 so that's all the action on party this morning meanwhile the jan price hike
14:36announcements have started with tata motors announcing that it will hike prices due to tighter margins as
14:42input costs climb the announcement comes just two months after all auto companies slash prices after
14:48the gst rate cut other manufacturers are expected to make similar announcements soon as well so lots
14:54of action on tara motors this morning it's not just price action but also news buzz that's coming in with
15:00regards to those uh hike in prices uh sir if i talk about you just mentioned about commodity prices input
15:08cost pressure how are they going along right now because uh if we hear about quality prices it's of
15:14course been volatile for a quite a long time uh how is it at your end sir no i we clearly see that uh it
15:20has increased by roughly one and a half percent of the revenue in the last one calendar year if i see
15:26and that is something you would have seen that industry has not been able to pass on so i think
15:31the first opportunity for that may be january where you'll try to at least partially recover rest
15:36we are also trying to uh engage into cost reduction initiatives so that is also helping us bring down
15:42the cost except the except the sierra do we see some price upward revision in january sir yes i think
15:48you know quarter four you will see a price increase in the models because that that is something which
15:54the oems have been absorbing so far all right lots of action in some of the big boys today but uh
16:01sharad as uh shell was also pointing out there's plenty of action the broader markets and some that
16:05we're seeing after some time when it comes to some of your broader market picks uh where would you be
16:10looking would it be thematically or individual stocks uh so i think individual stocks make more
16:16sense in the current market uh as we have uh as i told earlier we have been looking at fair writing
16:21products it looks like a good story uh i think the current utilization is 40 50 60 percent and they
16:27are also doing a apex in surat and balsat so and they have also diversified the product mix and
16:32premiumize uh so we are working on flare with targets of around 480 uh triveni turbine with the new
16:39launches etc i think they are receiving a very good traction uh there are some products which are within
16:45the turbine space which they are the first maybe globally to launch certain products of certain
16:50capabilities so those are receiving good response so i think that could be a very good interesting
16:55story to watch over the next one one and a half year and within it i think uh science is something
17:00that we are looking at very aggressively where you know the next six to nine months a lot of improvement
17:05would be visible as the subciliaries of the rearrangement is formed out so these are a few ideas that we are
17:10doing all right shell looks like metals are back in action today across the board we are seeing some
17:18amount of traction building up on some of the metal majors um what are you picking up
17:28abha i think two stocks are really really good it look good on the charts in terms of the
17:34uh the reversal that people may want to play uh one is gmdc a very very sharp correction
17:43that saw the stock move from 6 30 rupees all the way down to uh 475 just two days ago so that's a
17:52very very nice reversal that's happening and of course the big one national aluminium this is something
17:59that looks really good these two stocks need to be kept in mind if you are wanting to go long on
18:06the metal space the charts are showing signs of strength coming back in within the capital market
18:13space mcx is something that i've pointed out but cams and cdsl the back-end operations of all mutual funds
18:20and demat are doing extremely well on the charts that is a space where lots of funds are also hunting
18:27uh for the long term uh you have anant raj doing very well in the reality space that is something
18:34that needs to be looked at and of course uh who can forget hind copper abha all right let's take you
18:43through uh some breaking news coming in on bharti airtel a large trade deal of three and a half crores
18:48shares worth 7 400 crores changing hands at 0.6 equity that block deal coming in at 2108 rupees per
18:58share now remember we are tracking this large block deal coming in on bharti today it was anticipated
19:04with promoters looking to offload stake and raising uh over 7 000 crore rupees uh through that and this is
19:11at a slight discount to tuesday's price this is a sale by the promoter entity icil bringing the promoter
19:18stake to below 50 percent now and um remember 27 and a half percent of bharti airtel is owned by
19:25singtel icil stake they're currently coming down uh they've already sold 1.82 percent earlier in the
19:31year now a large trade deal as anticipated taking place three and a half crores shares 7 400 crores
19:38uh changing hands at 0.6 equity block deal coming in at 2108 rupees per share this morning that's the
19:46latest coming in on bharti um i want to go a little bit deeper into bharti sharat because there's been
19:51a lot of uh eyes on this one lately we've had a lot of buy calls even though the promoters are taking
19:58some chips off the block we've got a lot of buy calls coming in on the back of uh you know renewed
20:04potential um you know whatever is happening the ecosystem as well perhaps making investors re-look at
20:10telecom recently with a fresh perspective what's your take in terms of uh where bharti stands right
20:16now as an investment opportunity uh see in terms of valuation i think uh we won't call it a very
20:22attractively valued story but uh yeah i think it's a fairly valuable story the type of growth we are
20:28expecting in terms of you know telecom revenues ftth revenues and the type of fund of penetration we
20:33have in the country uh there is a probability that you know it would continue to do well as a space
20:38uh but if i have to pick within the sector i think i would be more willing to take this trade
20:43through the reliance route by playing the reliance geo story uh where i think the r2 improvement is
20:49still to play out the r2 center discount to what bharti gets right now uh so as that improvement plays
20:55out i think uh maybe reliance could be in a better place uh to play this you know telecom story in india
21:01while bharti is not very attractively priced i think these valuations it's fairly priced
21:06as we expect the markets to be good so you know maybe another 100 200 kind of upside so look at
21:1120 to 100 23 other kind of targets for an optimistic market but i think it's better to play it through
21:17the reliance uh if you want to play the telecom story in india all right so still a little highly
21:23valued and a little bit more bullish there on the reliance front that's the view coming in from
21:28sharat when it comes to bharti air tail very much in focus this morning the index is steady up about
21:32three tenths of a percent right now uh looking decent uh following global cues and keeping an
21:37eye on of course those fed rate cut hopes also remember huge move coming in from the government
21:43when it comes to the rare earth mineral policy and we're waiting for the cabinet to formally announce
21:49that but that's going to be something significant as uh well in terms of for the approval for the rare
21:55earth permanent magnets manufacturing incentive scheme with a corpus of 7 300 crore rupees the government
22:02aims to establish a fully indigenous manufacturing ecosystem with an annual production capacity
22:08of up to 6 000 tons and that program is expected to run for about seven years before we wrap up
22:16one story that takes us back to the very moment the digital age was born in new york christie's is
22:22set to auction the original 1976 partnership contract that created the apple computer company signed by a
22:30young steve jobs steve wozniak and ron wayne just three pages but they marked the instant when a hobbyist
22:37dream became a global revolution a document drafted at a kitchen table in menlo park is now valued at up
22:44to four million dollars and returns as a reminder of how big ideas begin small and how three signatures
22:51change the world forever the auction goes live on the 23rd of january
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