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Shares of Berkshire Hathaway have remained under pressure since Warren Buffett unveiled his succession plans, falling more than 12% and underperforming the broader U.S. market.
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Ashish Gupta from Axis Mutual Fund suggests a positive outlook for NBFCs and mid-sized banks due to reduced funding costs. Cement sector profitability is recovering, but volume growth is crucial. Industrials show strong topline and margins. Healthcare, especially hospitals and CDMOs, are favored over generic exports. Auto sector is currently underweight due to high margins and multiples.
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Ashish Gupta of Axis Mutual Fund notes India's market underperformance compared to global peers despite a global equity rally. While foreign flows have turned positive since April, they remain modest. Gupta emphasizes the need to monitor economic indicators, especially the impact of macro events like tariffs, to gauge future market direction.
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Elara Capital's Karan Taurani is optimistic about Zomato, citing improved growth prospects in food delivery and quick commerce. Blinkit's losses are bottoming out, driven by store expansion and traction in non-metro markets.
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Paytm shares have rallied 122% in the past year amid improving sentiment and bullish technicals, yet still trade 53% below their IPO price of Rs 2,150. Currently near Rs 1,018, the stock shows a breakout pattern of higher highs and higher lows. Analysts say Q1FY26 results, due July 22, could be a key catalyst for further gains.
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News and Media
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