Monetary Policy Committee’s Shashanka Bhide, whose term is about to end, highlighted concerns regarding potential shifts in international commodity prices due to ongoing domestic food price pressures. He noted mixed trends in private investment and recent rises in real interest rates due to lower inflation. Bhide appreciated policy coordination within the MPC amidst significant challenges during his tenure.
Gautam Duggad sees PE re-rating potential in 2 sectors; likes largecaps & may raise weight in Reliance
Gautam Duggal, Head of Research at Motilal Oswal, sees limited PE re-rating potential, primarily in large-cap financials and capital market stocks. He favors earnings visibility
December 23, 2024