Мобильный 1 Add news
March 2010
April 2010
May 2010June 2010July 2010
August 2010
September 2010October 2010
November 2010
December 2010
January 2011
February 2011March 2011April 2011May 2011June 2011July 2011August 2011September 2011October 2011November 2011December 2011January 2012February 2012March 2012April 2012May 2012June 2012July 2012August 2012September 2012October 2012November 2012December 2012January 2013February 2013March 2013April 2013May 2013June 2013July 2013August 2013September 2013October 2013November 2013December 2013January 2014February 2014March 2014April 2014May 2014June 2014July 2014August 2014September 2014October 2014November 2014December 2014January 2015February 2015March 2015April 2015May 2015June 2015July 2015August 2015September 2015October 2015November 2015December 2015January 2016February 2016March 2016April 2016May 2016June 2016July 2016August 2016September 2016October 2016November 2016December 2016January 2017February 2017March 2017April 2017May 2017June 2017July 2017August 2017September 2017October 2017November 2017December 2017January 2018February 2018March 2018April 2018May 2018June 2018July 2018August 2018September 2018October 2018November 2018December 2018January 2019February 2019March 2019April 2019May 2019June 2019July 2019August 2019September 2019October 2019November 2019December 2019January 2020February 2020March 2020April 2020May 2020June 2020July 2020August 2020September 2020October 2020November 2020December 2020January 2021February 2021March 2021April 2021May 2021June 2021July 2021August 2021September 2021October 2021November 2021December 2021January 2022
News Every Day |

Sensex, Nifty may not mirror this year’s stellar returns in 2022; watch out for Omicron, inflation | INTERVIEW

Sensex, Nifty may not mirror this year’s stellar returns in 2022; watch out for Omicron, inflation | INTERVIEW

India’s economic growth story remains intact as we head into 2022, however, Dalal Street may not repeat its stellar rally in the new year, said Nikhil Kamath, Co-founder, True Beacon, and Zerodha, in an interview with Kshitij Bhargava of Financial Express Online. Nikhil Kamath further said that in the new year investors should keep an eye on the Omicron variant of Covid-19 as a potential threat to domestic markets along with inflation and interest rate hike by the Reserve Bank of India. Here are the edited excerpts.

1. In the last month of 202, domestic markets corrected nearly 11% from all-time highs, before recovering some losses, what do you think next year holds for equities?

Structurally, the story of the Indian economy is still intact. When it comes to the stock markets, however, I don’t think we will see a repeat of the market-wide rally we’ve seen in 2021. I think investors have to be very selective about what stocks they are picking. There will always be opportunities, but investors have to do their homework to see where these opportunities lie, especially because the market seems overvalued.  There is still a risk of slowdowns because of the Omicron, but the thing with markets is that they have shown how it can rally even during a pandemic so we will have to see how things pan out.

2. We saw several IPOs this year, do you believe the IPO rush will continue in 2022?

2021 has been a favorable year for IPOs with many new-age businesses looking to Dalal Street to raise capital. There has been a lot of talk about valuations, and I still think that the markets especially the ones surrounding new-age companies are overheated. The premium you pay for these companies should justify the long-term growth prospects. 

The liquidity the stock markets have seen this year has been unprecedented. It has become a natural avenue for investors since interest rates don’t even keep pace with inflation. Moreover, 2021 did see a lot of optimism surrounding the market despite the pandemic; It usually takes a little bit of pessimism to balance out the euphoria we’ve witnessed. Covid, interest rates, and market sentiment all have a part to play in how IPOs will be viewed in 2022.

3. Cryptocurrencies have been gaining traction and we are expecting to see some sort of regulation come on that front. Do you think Cryptos as an asset class will continue gaining traction?

Personally, I see a lot of activity in this space purely based on ‘fear of missing out’. Blockchain as a technology has a lot of scope regarding how transactions are processed and recorded. But Cryptocurrencies have to be regulated especially considering the volatility of this asset class. While I don’t see any value in banning it, the government must ensure that crypto market is smartly regulated, and innocent investors don’t burn their hands trying to make quick money. In several countries, as well the RBI is planning to introduce a Central Bank Digital Currency. Moreover, the Indian Cryptocurrency Bill will also play a critical role in shaping the crypto space in India.

4. What advice would you give to young investors who have seen their first serious market fall recently, as they head in 2022

Financial markets are cyclical by nature, as they have always been. It is time to be prudent today to exercise a little bit of caution and get some diversification in place. Diversify across different asset classes. And until and unless you have the bandwidth/inclination to invest by yourself, it would make more sense to invest through managed funds.

For young investors – you have age on your side, so you’re allowed to have a larger risk appetite. You can be invested more heavily in stocks rather than fixed-income products. And if you do invest in fixed income products make sure you maximize on PPFs/EPFs etc. Lastly, don’t let FOMO guide your investment decisions – always do your own research.

5. What do you believe will drive equity markets in 2022?

Omicron is something we cannot ignore. How the governments decide to handle the situation will also cast its shadow on the market. As of now, it seems like the virus is not as deadly, but it spreads faster so I think the curbs and precautions governments take will have an impact on the market as well. Hopefully, in 2022 we see the beginning of the end of this pandemic.

Another factor we need to consider is inflation. We’ve seen commodities prices coming down so that’s a bit of a relief, but we also need to be watchful about global inflationary pressures and its impact on our economy. We may see some correction in the markets if the interest rates rise. And some amount of inflation may be expected but it could be a cause of concern if it starts shooting up.









Read also

Biden administration meets with big banks over Russia sanctions – reports

Remains of rare $200,000 Mustang found after stripped

Hogs Roll Past Yellowjackets and Green Wave


News, articles, comments, with a minute-by-minute update, now on Today24.pro

News Every Day

Global Coconut Milk Market to Record Rise in Incremental Opportunity During the Forecast Period

Today24.pro — latest news 24/7. You can add your news instantly now — here


News Every Day

Lets Have Fun at Kindergarten - Kids Songs Collection - LooLoo Kids



Sports today


Новости тенниса
Каролина Плишкова

Каролина Плишкова снялась с соревнований в Санкт-Петербурге в феврале



Спорт в России и мире

«ОК» проведут серию эксклюзивных эфиров с Олимпиады в Пекине


Загрузка...

All sports news today




Загрузка...

Sports in Russia today

Своя маленькая лыжная сборная


Новости России

Game News

5 Лучших Упражнений на Ягодичные. Тренировка ягодичных


Russian.city


Своя маленькая лыжная сборная


Губернаторы России
Анастасия Волочкова

Борисова порассуждала о новом избраннике Волочковой после дебоша балерины в самолете


Петр-полукорм: почему 29 января нельзя брать в руки острые предметы

В ПАСЕ обсудили имперские амбиции Путина: как спорили по резолюции с требованием освободить Навального

Врач Кузенкова: при первых симптомах омикрона следует обратиться за медпомощью

Зачем нужны динамические автовесы?


Непрерывная работа чуть не довела Нюшу до депрессии

Модель Саша Дони подтвердила слухи о расставании с Тимати

Дочь драматурга Александра Галича упрекнула Олега Долина в «равнодушии к чужому несчастью»

СМИ: мошенники обманули Игоря Бутмана на 3,2 млн рублей


Даниэль Коллинз: На стадионах в Мельбурне вспоминаю о том, как раньше играла на общественных кортах

Камельзон дал прогноз на финал Australian Open между Медведевым и Надалем

Оже-Альяссим о поражении от Медведева: уезжаю из Австралии с высоко поднятой головойдшму

Испанец Надаль стал первым полуфиналистом Открытого чемпионата Австралии




Более 50-ти оригинальных продуктов Gillette в наличии на LIV Cosmetic

5 Лучших Упражнений на Ягодичные. Тренировка ягодичных

В России за сутки госпитализированы 12 807 человек с COVID-19

Школа патронажного ухода “Внимание и забота” подготовит преподавателей по патронажному уходу для регионов


Россия не получила объяснений по статьям о связи Канады с нацистами на Украине

Депутат ГД Власов предложил удвоить возможность использования ипотечных каникул

Двадцатый "Золотой Орёл": успех проектов ВГТРК и "России 1"

Астролог Комракова «увидела» ухудшение состояния онкобольной Заворотнюк



Путин в России и мире







Персональные новости
Russian.city

Снуп Догг

Видео из Геленджика оказалось в Инстаграме Снуп Догга



News Every Day

WWE legend Dwayne ‘The Rock’ Johnson claims ‘good buddy’ Tyson Fury is ‘possibly the greatest of all time’




Friends of Today24


Загрузка...
Музыкальные новости
"Воскресенье " Олег Митяев



Персональные новости
Близкий друг Путина миллиардер Пугачев. Вся правда о Путине, его семье и деньгах. В гостях у Гордона (2021)

Навальный об уволенном за пост священнике (2021)

Slava Marlow – суперуспех и депрессия в 21 год / вДудь (2021)

Обнаглевшие дети путинской элиты (2021)

Дайте собакам мяса (новый звук) -Владимир Высоцкий

Группа "Рождество" - песня "Так хочется жить!" (Видео с концерта в Киеве группы "РОЖДЕСТВО" в 2011 году в Доме офицеров)

Adriano Celentano Любимая песня Челентано (высочайшая энергетика) talentTV

Moscow.media