NILESH SHAH

Budget's focus on real economy to turbocharge economic growth: Nilesh Shah

I clearly believe that this budget focuses a lot on the real economy and that is something which probably yet is getting kind of ignored in context of some of the tax hikes.

ETMarkets Smart Talk: Budget 2024 unlikely to be hugely populist; Nilesh Shah’s 3-point wishlist for Finance Minister

“Essentially, this is a dream run for India. I have never seen markets so optimistic about the future. It is like our T20 campaign, where there were points when we were stressed, undoubtedly, yes,”

Worried about smallcap froth? Nilesh Shah explains it in 4 points

Star fund manager Nilesh Shah believes there is some froth in certain pockets of the markets, where low floating stocks and concentrated counters are trading at exorbitant valuations.

Focus of Budget should be on equitable distribution of taxation burden: Nilesh Shah

The Budget will have to lay the foundation for sustainable growth over the next couple of years, says Kotak AMC MD Nilesh Shah. What policy reforms are adopted so that this growth can be sustained? For example, in the vote on account, there was a proposal to create a one lakh crore innovation fund. How is it getting implemented in this Budget?

Market not ready for a higher tax rate but will take extension of duration in its stride: Nilesh Shah, Envision Capital

Nilesh Shah says it is not that consumption-led growth has not been a focus area, but it has been infrastructure and investment-led growth which is the right thing to do and I believe that that will continue to be the focus. But having said that, there may be some amount of focus on policy measures that can boost consumption but may not be in terms of direct measures.

Sensex's 80K milestone a journey, not destination: Nilesh Shah of Kotak Mahindra AMC

Investors are advised to maintain asset allocation discipline and a long-term investment strategy to navigate market volatility effectively.

Nilesh Shah’s tip for investors: Stick to asset allocation dharma. Don’t chew more than you can afford

Nilesh Shah says that he always recommends that people follow their asset allocation dharma. If they are too much over-invested into equity, there is no harm in taking profit. If they are under-invested in equity, then there is no harm in investing even at this level, but with a longer-term horizon.

Which are the best asset classes to own over 1-year, 3-year & 5 years? Nilesh Shah answers

Nilesh Shah says up to one year, he will recommend an arbitrage fund for a high taxpayer or debt funds, money market funds and short-term bond funds where one could have the limited benefit of a drop in interest rates. Between one to three years, one can go towards longer duration bond funds. Post-budget, one can also look at investment in precious metal.

Should you book your profits or stay invested as market may conquer new peaks? Nilesh Shah answers

Nilesh Shah from Kotak AMC says Indian investors are optimistic about the market but not irrational. He further emphasizes the importance of creating financial security for every Indian through capital market participation to generate real returns, addressing the low percentage of savings in above inflation return products in Indian markets.

ETMarkets Smart Talk: Never thought retail investors will become the new Glenn Maxwell of markets on Election Result Day: Nilesh Shah

Undoubtedly, markets will have their ups and downs. There will be bull market. There will be a bear market. But overall, being an investor, you will make money in India.

Budget 2024: D-Street captains urge FM Sitharaman to hike STT charges on high frequency traders

Every sale and purchase of equities listed on exchanges incurs a Securities Transaction Tax. The STT rate is 0.017% on options sales and 0.01% on futures sales. Additionally, a proposal to discourage retail investors from trading futures and options by imposing an additional tax was reportedly not discussed, according to ETNow sources.

Critics will agree that Indian stock market is not very expensive: Nilesh Shah

While India’s market capitalization to GDP ratio is at an all-time high level, valuations are not at an all-time high, Dalal Street’s veteran stock picker Nilesh Shah said at AIF & PMS Conclave 2.0 on Wednesday.

Kotak Special Opportunities Fund is open for subscription. Key things to know

How mutual fund managers decode RBI rate pause for investors?

The Monetary Policy Committee of Reserve Bank of India has decided to maintain the policy rate at 6.50% in the latest review, impacting mutual fund managers' strategies and market reactions.

Nilesh Shah on factors that are driving the surge in FMCG stocks

When you want to play a game of bowling, you need guardrails and it does stop your ball going into other lanes. Regulatory supervision is the guardrail. If you want to play the game, guardrails are necessary. In my opinion, RBI is formulating rules, regulations, keeping in mind what is probably happening at the lowest common denominator.

Back to basics in uncertain times; quality to outperform momentum: Nilesh Shah

The election outcome defies market and exit polls estimates. Focus shifts to government formation, analysis of the election verdict, and policy recalibration. Support for bottom-of-the-pyramid consumption likely for inclusive growth.

Use this adversity to buy high quality companies at discounts: Nilesh Shah

Well, what looks to essentially be the go-to market strategy, if I may use those words, would essentially to look at the defensives. Sectors which have had an extended period of underperformance, which is FMCG, rural plays, IT, pharma, these will emerge to be the risk off trades or will emerge to be the defensive plays and it is quite possible that you will see some kind of recalibration, tweaking of allocations, sectoral allocations and it is quite possible that you will see some money move from the favoured lot to basically this lot.

Market will wait for policy recalibration before taking a portfolio call: Nilesh Shah

​One policy recalibration which probably will happen is that there will be more support to consumption at the bottom end of the pyramid and for mass market product. Now, with that kind of policy recalibration, markets will then adjust to a new level and try to build scenario.

Energy, manufacturing & infra to remain bedrock of India's bull market: Nilesh Shah

It is very likely that these very sectors are going to basically get a fresh impetus. You are right that yes, in term one, these pockets did not yield returns. But in the second term, especially post COVID, we have seen massive returns and I probably think that is only the start, be it defence, be it space, be it many of the other areas.

Don’t chase momentum, focus on quality and valuation in IT, private banks, FMCG: Nilesh Shah

Nilesh Shah of Kotak AMC discusses market performance, FII selling, and opportunities in FMCG, private banks, and IT sectors. He advises focusing on quality and valuation, avoiding momentum stocks, and being cautious about PSU counters with limited floating stock. Shah says: "Going forward, events will determine market, geopolitical risk, and the US Fed's pivot will impact FPI flows."

Markets & Mandate: Where to invest in E-M-I basket going forward

Nilesh Shah predicts ABB, Siemens, L&T's continued dominance in EMI. Key players like Hitachi Energy, KSB, and TD Power drive sector growth. India aims for a $10 trillion economy, focusing on diverse sectors.

Markets & Mandate: How would you prepare your portfolio for Modi 3.0?

Nilesh Shah discusses India's economic trajectory, comparing it to the US and China. Shah says: "The template should be what the United States has done over 50 or 100 years rather than what China has done over the last 10 or 20 years." He highlights the importance of consumer, digital, and physical economy sectors for the next 5 to 10 years, emphasizing India's positive market outlook post-COVID.

RBI's policy will create stability in financial market and growth for Indian economy: Nilesh Shah

Nilesh Shah from Kotak AMC discusses how RBI's policy aims for stability, trust, and growth in the financial market. The equity market may not be concerned about food inflation, but the focus is on the monsoon. Shah says: For the equity market, the biggest worry will be complacency. We are trading at a valuation which optimistically discounts many events -- election, Fed pivot, earnings growth – in a very positive manner.