Weaker mandate unlikely to push new authorities in direction of populism: Kotak Alternate Asset Managers

Prime Minister Narendra Modi’s narrower election victory is unlikely to right away result in a change in authorities coverage stance in direction of extra populism, Kotak Alternate Asset Managers has mentioned.  “In our view, it’s too early to imagine that the weaker mandate will result in a change in coverage stance, or that the federal … Read more

Kotak Alternate Asset Managers sees Nifty50 at 24,600 a yr from now, flags the present froth in midcap and smallcap house

Kotak Alternate Asset Managers sees Nifty50 scaling as much as 24,600 a yr from now, its Chief Funding Strategist, Jitendra Gohil has stated. Additionally learn:Nifty50 prone to attain 24,500 by December finish: Emkay Funding Managers To reach at this goal, it has pencilled in a 20 value earnings a number of on a Nifty EPS … Read more