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Daily Money Show 434 - Stock Market News
Original: # 434 Daily Money Show | Money Purse Stock Market News
Takeaway
US-tech SIPs and the HDFC-HDFC Bank merger plus MSCI rebalancing inflows are the near-term tailwinds to watch.
Summary
- US tech (Apple, Alphabet, Microsoft, Amazon, Netflix) at attractive valuations - good time to start SIP via India-based US-equity funds.
- HDFC and HDFC Bank merger raises combined index weight to ~13% from 5.78%; analysts positive on momentum.
- MSCI Standard Index rebalancing adds Tube Investments India, Indian Hotels, Varun Beverages, TVS Motors, Bajaj Holdings & Investment, ABB India with ~Rs 1,544.6 cr inflow estimate.
- Margins guidance for next 2-4 quarters discussed; organic growth themes highlighted.
MSCI rebalancingHDFC BankUS stocks
Original description
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