India will continue to be a stock picker's heaven: Porinju Veliyath

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Business Standard

Zee Media and Balaji Tele are among my top midcap picks, Veliyath says

Puneet Wadhwa  | New Delhi March 1, 2017 Last Updated at 23:38 IST

In dialogue with Porinju Veliyath Puneet Wadhwa, managing director and portfolio manager, Equity Intelligence says the Nifty50 index will move to new highs this year, and certainly will have the capacity to support at five-digit amounts. Edited excerpts: The marketplaces are nearing their all time high again. Will they have the ability to surpass and support at higher amounts during the following six – 12 months? I’m not a technical specialist and forecasting market movements is a tricky thing. From a straightforward common sense perspective, I can declare the Nifty50 index will go to new highs this year and certainly will endure at five-digit …

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India will continue to be a stock picker’s heaven: Porinju Veliyath
Balaji Tele and Zee Media are among my top midcap picks, Veliyath says
In dialogue with Porinju Veliyath Puneet Wadhwa, managing director and portfolio manager, Equity Intelligence says the Nifty50 index will move to new highs this year, and certainly will have the capacity to support at five-digit amounts. Edited excerpts:The marketplaces are nearing their all time high again. Will they have the ability to surpass and support at higher amounts during the following six – 12 months? I’m not a technical specialist and forecasting market movements is a tricky thing. From a common sense perspective that is straightforward, I can declare the Nifty50 index will move to new highs this year and certainly will endure at five-digit amounts going forward. When it comes to sectors and stocks, where do you find the direction in the marketplaces coming from when they were to go and keep up at higher amounts from here on? Some sectors like information technology (IT) are having so many challenges and it’s also very hard to anticipate major upward movement in firms like Infosys and TCS say in next year or two. Reliance Industries has been leading … In dialogue with Porinju Veliyath Puneet Wadhwa, managing director and portfolio manager, Equity Intelligence says the Nifty50 index will move to new highs this year, and certainly will have the capacity to support at five-digit amounts. Edited excerpts: The marketplaces are nearing their all time high again. Will they have the ability to surpass and support at higher amounts during the following six – 12 months? I’m not a technical specialist and forecasting market movements is a tricky thing. From a straightforward common sense perspective, I can declare the Nifty50 index will go to new highs this year and certainly will endure at five-digit … image

Puneet Wadhwa

Business Standard

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Zee Media and Balaji Tele are among my top midcap picks, Veliyath says

In dialogue with Porinju Veliyath Puneet Wadhwa, managing director and portfolio manager, Equity Intelligence says the Nifty50 index will move to new highs this year, and certainly will have the capacity to support at five-digit amounts. Edited excerpts: The marketplaces are nearing their all time high again. Will they have the ability to surpass and support at higher amounts during the following six – 12 months? I’m not a technical specialist and forecasting market movements is a tricky thing. From a straightforward common sense perspective, I can declare the Nifty50 index will move to new highs this year and certainly will endure at five-digit …

image

Puneet Wadhwa

Business Standard

http://bsmedia.business-standard.com/_media/bs/wap/images/bs_logo_amp.png 177 22

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