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Daily Money Show 434 - Stock Market News

Original: # 434 Daily Money Show | Money Purse Stock Market News

66.8K views ยท Nov 11, 2022 ยท 13:17 min ยท Watch on YouTube โ†—
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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