Money Excel - Personal Finance Blog

Menu
  • Home
  • Business Ideas
  • Stock Market
  • Mutual Funds
  • Incometax
  • Credit Card
  • Insurance
  • Downloads
Home
Stock Market
Equity prospective 2013 and beyond

Equity prospective 2013 and beyond

Raviraj Parekh August 2, 2020

Stock Prospective 2013

Year 2013 is expected to bring a lot of joy and cheer to the trading community. Swift policy action by the government and strong FII inflows which are expected to continue will push the BSE Sensex past 20,000 this coming year, say analysts.

Things are slowly but surely falling into place on the domestic front with the government pushing its reform agenda forward

Dinesh Thakkar, Chairman and Managing Director of Angel Broking says “From the current level, I expect the Sensex to see an upside with a target of 20,300 in the next 12 months, hitting an all-time high between April 2013 and Diwali,” he said, adding that there were possibilities for further upsides in FY2014 arising out of improvement in earnings growth outlook.

Do not miss below posts -
  • Top Stock Picks 2019 by Brokerage Houses
  • 5 Good Midcap IT stocks for investment in 2016
  • Infibeam IPO Review – Should you Invest?

From July-August 2012, things started looking up for Indian markets, government has taken various steps towards reforms like raising diesel prices, hiking limit of FDI in retail and aviation, proposing SEB reforms, direct transfer of cash subsidy and divestment.

FII has also appreciated this policy reforms and cheered the market by posting handsome rally, FII in flows are reaching record levels of $18.4 billion in YTDCY12.

ICICI Direct said in a report “We are upgrading our CY12E Sensex target range on the back of better-than-expected earnings, liquidity driven rally, muted expectations and rolling forward to FY14E. We now expect the Sensex to trade in the range of 16,484 on the downside and 20,146 on the upside translating into an upside of 15 per cent”

“Divestment targets and execution of the promised equity sales and finally clarity on foreign investments into Indian enterprises by the government should add more fuel to the rally,” says Kanvinde of Right Horizons.

Equity Prospective 2013 and Beyond Guideline

Equity Prospective 2013

Overall Equity will beat all other asset class in 2013 so it is advisable to invest in equity for 2013.

However, with all the optimism around, analyst still suggest being cautious while selecting stocks and going for quality names.

A key learning in the market is that a disciplined approach should be followed while investing rather than trying to time the market perfectly by waiting for all the bad sentiments in the market to reverse.

Tweet
Share
Whatsapp
Pinterest
Prev Article
Next Article
Tags:2013 equity equity 2013 equity forcast expected fii government market sensex stock stock future stocks

About The Author

Raviraj Parekh

Raviraj is the man behind moneyexcel.com. He is PGDBA, engaged in blogging for 10 years. Moneyexcel blog is ranked as one of the Top 10 Personal Finance Blog in India. He is not affiliated with any financial product, service provider, agent or broker. The purpose of this blog is to spread financial awareness and help people in achieving excellence for money. Please note that the views expressed on this Blog/Comments are clarifications meant for reference and guidance of the readers to explore further on the topics. These should not be construed as investment advice or legal opinion.

Leave a Reply Cancel Reply

Search

Top Posts & Pages

  • Rakesh Jhunjhunwala Portfolio Holdings - April 2021
  • Income Tax Calculator FY 2020-21 (AY 2021-22) – Excel Download
  • Cash Deposit Machine Locator – How to find CDM Near You?
  • 235 Small Business Ideas with Low Investment in 2021-22
  • 20 small manufacturing business ideas with low cost
  • How to check Property Records and Land Records online in India?
  • 10 Best Small Trading Business Ideas
  • Top 60 Manufacturing Business Ideas
  • 10 ways to Convert Black Money to White
  • Nifty 50 Performance of Last 15 years

Subscribe to Blog via Email

Join 5,483 other subscribers

Follow MoneyExcel

Money Excel – Personal Finance Blog

Personal Finance Blog
Copyright © 2021 Money Excel - Personal Finance Blog
| About |Downloads | Contact Us | Sitemap | Disclaimer | Privacy Policy |