Investor sentiment in India’s equity market remains upbeat, supported by steady earnings and renewed IPO activity, according to Mayuresh Joshi, Head of Equity Research at William O’Neil and Company. He noted that while expectations are high, understanding how a company operates remains crucial before investing. “Many recent IPOs benefit from digital tailwinds and improving operational efficiency,” he said, adding that reasonably priced valuations create scope for investor gains. However, Joshi warned that the recent surge in IPO subscriptions is partly driven by FOMO — the fear of missing out — as several investors feel they missed earlier opportunities.
On sector trends, Joshi expressed optimism about the auto market, highlighting Maruti Suzuki’s strong performance despite rising competition. “We expect healthy demand to continue over the next two quarters,” he said.
He also remains positive about PSU banks, citing consistent performance over the past three quarters. “We particularly like Bank of Maharashtra,” he added.
Talking about technology, Joshi shared he has been actively exploring generative AI tools to improve workflow and efficiency. “AI tools are fantastic, especially for those who are digitally adaptive,” he said.
Among upcoming listings, he believes both the Lenskart and Studds IPOs could offer value, while defence stocks also deserve a place in investors’ portfolios.
(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)
In a candid conversation on UnPolitics, Sadhguru Jaggi Vasudev of Isha Foundation addressed allegations of running a 'cult' and comparisons to the 'Wild West' documentary. The spiritual guru refuted these claims, emphasising that their Coimbatore-based organisation focuses on scientific processes for well-being rather than belief systems.
In a report from Kolkata, a journalist highlights a significant protest staged by a pro-Bangla advocacy group outside the Bangladesh Embassy. The demonstrators expressed intense anger over the 'brutal murder' of a Hindu man and the rising atrocities against minorities, particularly Hindus, in the neighbouring nation. Reporting from the ground, the speaker noted that the group has demanded an immediate halt to all trade and benefits that India provides to Bangladesh in response to the 'heinous incident'. The broadcast also highlighted that similar agitations were witnessed in border areas near Kolkata, where people raised slogans against the Bangladesh government. The report underscores the growing concern over how Hindus are 'surviving there on a day-to-day basis' given the unsafe situation. The protesters are hitting the streets to voice their strong opposition and demand action.
In a significant political development, the West Bengal government has reportedly renamed its state job guarantee scheme from 'Karmashree' to 'Mahatmashree'. This decision is described as a response to alleged changes regarding the central MGNREGA laws. The transcript highlights that the Trinamool Congress has registered protests on the issue in Parliament. An unidentified speaker notes that Chief Minister Mamata Banerjee emphasized Mahatma Gandhi's status as the 'father of the nation' to justify retaining his name associated with employment schemes. A notification regarding this change has reportedly been issued from the state secretariat, Nabanna. The scheme is said to impact approximately 90 lakh job holders in the state.
On this Special Report, the focus is on the severe air pollution crisis gripping North India in December. A shroud of smog has descended, affecting iconic monuments and disrupting daily life with flight cancellations. The programme highlights the political blame game, with a Delhi government representative claiming improvements despite the hazardous Air Quality Index (AQI). The report exposes blatant violations of GRAP-4 norms, including construction activities continuing at night in New Delhi. It also features the plight of families forced to consider leaving the city due to health issues affecting their children. Furthermore, a Union Minister is quoted admitting that over 16 percent of scientific posts in the Central Pollution Control Board remain vacant, underscoring the challenges in battling the toxic air.
