Vallum Capital ke Manish Bhandari ke hisaab se IT sector mein aaya dip ek golden opportunity hai, kyunki AI ab companies ke revenue mein contribute kar raha hai. Saath hi, banking sector mein long-term growth ka potential dikh raha hai.
IT Sector mein kyun hai dum?
Manish Bhandari ka manna hai ki IT sector mein jo volatility humne dekhi hai, wo investors ke liye ek strategic entry point hai. AI ab sirf ek experimental cheez nahi rahi, balki companies ke revenue mein real contribution de rahi hai.
Stable deal flows aur Indian Rupee ke current trend se companies ke profit margins kaafi safe dikh rahe hain. Hiring patterns mein jo badlav aa raha hai, wo saaf batata hai ki companies ab wapas 'growth mindset' mein shift ho rahi hain. Jald hi staff reduction ka pressure kam ho jayega jaise hi client demand badhegi.
Banking Sector: Rate hikes ka darr ya mauka?
RBI ke 25 se 50 basis points tak interest rates badhane ki ummeed ke bawajood, banking sector abhi bhi focused area hai. Market mein credit growth aur deposit mobilization ka jo gap hai, uspar charcha zarur hai, lekin profit growth ke trajectory ko dekhte hue banks abhi bhi undervalued lag rahe hain.
Bhandari ke hisaab se, repo rate se linked loans ka interest level deposit rates se jaldi adjust hota hai, jo rate hikes ke against ek buffer ka kaam karta hai. Haan, NBFCs ke liye funding cost badhne ka risk zarur hai, isliye sirf wahi NBFCs achi hain jinka funding source diverse hai.
Market Strategy aur Risk
Nifty mein hue recent correction ne valuations ko long-term average ke paas la kar khada kar diya hai, jo ki ek positive sign hai. Agle 5 saal mein quality Small-cap aur Mid-cap shares mein acchi tezi ki umeed hai. Bas yaad rakhein ki market mein volatility bani rahegi.
Insurance sector mein abhi thoda wait karna hi samajhdari hai, kyunki IRDAI ke naye expense limits ke regulatory framework par abhi clarity aani baaki hai. Macro level par oil prices aur inflation jaisi dikkaton ki wajah se, abhi ke market mein sirf achi stock selection hi aapko bada profit dilwa sakti hai.