Nischal Maheshwari

Valuations are reasonable and the outlook is improving in IT, BFSI and FMCG. Defence, engineering and power are clearly overpriced and some profits can be taken, Nischal Maheshwari of Centrum said

'Primary markets have had a long bull run, with many companies cashing in on the positive sentiment', said Maheshwari

Given we may not see the same kind of growth in the Nifty this year, stock picking is the way to go, says Maheshwari

Investors should keep a close check on the actual inflation trajectory and related RBI monetary policy action and exit strategy from current monetary conditions, he said

Nishchal Maheshwari, Centrum Broking CEO, says that Budget 2021 should ensure that the recovery momentum is sustained

The risk-on sentiment has been fuelled by continuous liquidity injection provided by major central banks across the globe, especially the US Federal Reserve

Given the ongoing global risk sentiment, investors are flocking to safe-haven asset classes and avoiding risky EM asset classes, said Maheshwari

The announcement of consolidation of PSBs is certainly a step in the right direction, says Maheshwari

Nischal Maheshwari, CEO for institutional equities & advisory at Centrum Broking, tells Business Standard that the larger issue at hand is earnings growth and not the election outcome

Rising oil prices, volatility in the rupee/dollar rates could leave the markets volatile, albeit in short term, says Nischal Maheshwari