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Top market and economy voices on IT Act, markets, digitalisation, and more

Updated : February 26, 2021 04:51 PM IST

Here is what market gurus and industry captains said about the near-term trajectory on Feb 25, 2021.

 On IT Act |  Apar Gupta, Executive Director, Internet Freedom Foundation:  That is our primary concern that it is not been created by any sort of deliberated mechanism including parliamentary scrutiny. These have been essentially parented under the Information Technology Act and specific to provisions only related to information intermediaries which will be companies such as Google, Facebook and internet service providers.  Catch the conversation    here   .
On IT Act |  Apar Gupta, Executive Director, Internet Freedom Foundation: That is our primary concern that it is not been created by any sort of deliberated mechanism including parliamentary scrutiny. These have been essentially parented under the Information Technology Act and specific to provisions only related to information intermediaries which will be companies such as Google, Facebook and internet service providers. Catch the conversation here.
 On Stock market | Krishna Kumar Karwa, MD of Emkay Global:  We are in the midst of a strong bull market and it's a time to stay invested in quality portfolio and any dip will be an opportunity for investors to buy into the stocks they are interested in.  Catch the conversation    here   .
On Stock market | Krishna Kumar Karwa, MD of Emkay Global: We are in the midst of a strong bull market and it's a time to stay invested in quality portfolio and any dip will be an opportunity for investors to buy into the stocks they are interested in. Catch the conversation here.
 On India's Digital Drive | Dinesh Agarwal, Founder and CEO, Indiamart:  There are 75 million small and medium businesses in India and out of that only 20-25 percent as of now are using the internet for some or the other purpose. If you look at China, America, about 60% of Chinese businesses are now using the internet and about 80% of American businesses are now using the internet. Unlike here in India, where the internet adoption has come a little late and the desktop adoption was slow and mobile phone phenomena has happened only in the last 4-5 years, we believe a lot of opportunities is there going forward.  Catch the conversation    here   .
On India's Digital Drive | Dinesh Agarwal, Founder and CEO, Indiamart: There are 75 million small and medium businesses in India and out of that only 20-25 percent as of now are using the internet for some or the other purpose. If you look at China, America, about 60% of Chinese businesses are now using the internet and about 80% of American businesses are now using the internet. Unlike here in India, where the internet adoption has come a little late and the desktop adoption was slow and mobile phone phenomena has happened only in the last 4-5 years, we believe a lot of opportunities is there going forward. Catch the conversation here.
 On Markets | Sunil Subramaniam, MD & CEO of Sundaram Mutual Fund:  So capital goods supply, building materials - cement, steel, paints, and the likes and those would be the bets because those order books are not yet showing so buying before that - if you do a lot of research to see who is likely to back those orders because when the news comes the price jumps. So we have to catch it before the news.  Catch the conversation    here   .
On Markets | Sunil Subramaniam, MD & CEO of Sundaram Mutual Fund: So capital goods supply, building materials - cement, steel, paints, and the likes and those would be the bets because those order books are not yet showing so buying before that - if you do a lot of research to see who is likely to back those orders because when the news comes the price jumps. So we have to catch it before the news. Catch the conversation here.
 On Earnings season | Aditya Narain, head of institutional equities research, Edelweiss Securities:  This has been a very strong earnings season and it has been accompanied by upgrades. At the aggregate, we have seen an upgrade of about 4-5 percent. Our sense is we will continue to see this kind of momentum and we are looking at a 25 percent earnings growth over the next two years.  Catch the conversation    here   .
On Earnings season | Aditya Narain, head of institutional equities research, Edelweiss Securities: This has been a very strong earnings season and it has been accompanied by upgrades. At the aggregate, we have seen an upgrade of about 4-5 percent. Our sense is we will continue to see this kind of momentum and we are looking at a 25 percent earnings growth over the next two years. Catch the conversation here.
Published : February 26, 2021 04:51 PM IST
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