Business Standard

Monday, December 23, 2024 | 11:16 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Domestic-oriented companies on fund managers' radar, says analyst

Further, fund managers say the markets could continue to remain polarised as growth companies are likely to fetch a premium, especially when the economy is going through a trough

Domestic-oriented companies on fund managers' radar, says analyst
Premium

Jash Kriplani
The weakness in the markets has kept several blue-chip names significantly below their all-time highs, with 26 of the Nifty50 stocks trading 30-90 per cent below their all-time peaks. Fund managers say at the current price points, risk-reward is favourable for select blue-chip names. "An improvement in demand growth will benefit domestic-oriented companies. On the other hand, one is not sure whether sector and companies, which benefit from global demand, will do well, as one is seeing global growth weaken," said Aditya Khemani, fund manager at Motilal Oswal Asset Management Company.



Some of the prominent

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in