Udayan Mukherjee is Managing Editor of CNBC-TV18.
His Call: The stock market is structurally bullish. Corrections will come but won't change the big picture.
His Big Investment Idea: Look beyond index heavyweights. 2010 could be the year of midcap stocks.
So yes, there are walls of worry but bull markets are supposed to climb them. It’s the volatility which has driven away local investors. When markets fall 60 percent in one year and double the next, investors just don’t get enough confidence to participate. This is perfectly understandable. Yet, if there is one lesson from the wild swings of the last two years, it is this: India has a strong and resilient growth story going, if you buy the market every time it trades around or below a PE of 12 and are prepared to hold for at least 18-24 months, you will make a lot of money. I oversimplify, of course. I could have said 10 PE but that implies catching panic bottoms which aren’t easy to do.
(This story appears in the 22 January, 2010 issue of Forbes India. To visit our Archives, click here.)
Hi Udayan I have been following your comments very long time but now you have left the seat CNBC looks very empty kindly give me a link where I could follow your view about the markets
on Jun 4, 2015As i know u r the king of NSC so i want to take your opinion about call, put, futures and equity, Pl. help me
on Oct 27, 2010Indian stock market is one of the most volatile market. Its two main stock exchanges are NSE and BSE. Both exchanges generally follow same trend.<br /> <br /> NSE and BSE offers platform for investment in Indian stock market. In India there are many traders who prefer NSE over BSE as they consider BSE more volatile exchange but truth is that all exchanges be it NSE, BSE or LSE are volatile and should not be considered as a place for speculation.<br /> One should strictly follow technical analysis if they want to earn regularly from any stock market.<br /> <br /> Please remember analysis of stock market be it technical or fundamental do help!!
on Jan 18, 2010