homevideos Newsmarket News

Taking Stock: Edelweiss’ Aditya Narain cautious on Indian markets

videos | Apr 22, 2022 6:05 PM IST

Taking Stock: Edelweiss’ Aditya Narain cautious on Indian markets

Mini

In an interview to CNBC-TV18, Aditya Narain, Head of Research at Edelweiss Financial Services, and Jai Bala, the CMT at Cashthechaos.com shared their reading and outlook on specific stocks, sectors and markets.

Markets ended Friday near the day's low dragged lower by financials for the week. Friday to Friday market saw three days of a fall and two days with gains. Week-on-week the Nifty fell just under 2 percent, the Bank Nifty fell nearly 4 percent.

Recommended Articles

View All

In an interview to CNBC-TV18, Aditya Narain, Head of Research at Edelweiss Financial Services, and Jai Bala, the CMT at Cashthechaos.com shared their reading and outlook on specific stocks, sectors and markets.
On rate hike and Indian markets Narain said, “It would be too sanguine to say that it is all already in the price. It would, of course, be too cautious to say that this is only the beginning and markets will be inversely related to the rate hike cycle. But I would say, you still need to remain a little cautious given that in India, at least, we have not seeing the elements of demand that we thought we will see by this stage.”
On earnings he said, “Quite honestly, if you were to look at the start of the earnings cycle, I don't think the numbers are bad. But I think what has clearly happened is that the mood has been has clearly turned down and that doesn't augur well, for the rest of the earnings cycle.”
Watch the accompanying video for more
Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!

Top Budget Opinions

    Most Read

    Market Movers

    View All
    Top GainersTop Losers
    CurrencyCommodities
    CompanyPriceChng%Chng