Latest news with #NileshShah
Time of India
4 hours ago
- Business
- Time of India
D-Street braces for 'risk-off' selloff
MUMBAI: Investors on the edge after an escalation in the West Asia conflict with most Dalal Street players expecting the Sensex to open lower on Monday. They also expect crude oil prices to spike, which in turn would put pressure on the rupee. On Sunday, after the US bombed three nuclear sites in Iran and the latter resolved to close the Strait of Hormuz through which about 20% of the world's crude oil and natural gas pass, market players said oil prices could spike soon. On Friday, as Dalal Street investors ignored the geopolitical tensions between Iran and Israel, the sensex recorded a four-digit points gain to close at 82,408 points. And Nifty on the NSE gained 319 points to close at 25,112 points. Globally, Brent was trading at above the $77/barrel level while WTI crude was around the $75 level. Both were trading at near their four-month high levels. Despite the global headwinds, India's economic fundamentals on the other hand could act as a balancing act to those negative factors, Kotak Mahindra Mutual Fund MD Nilesh Shah said. "Indian equity and rates market is like a man having average temperature with one leg in cold water and the other in hot water. Domestic factors support current valuation for long term investors expecting moderate returns. (However) global factors from (the US president Donald) Trump's policies to oil price/supply are boiling hot," he said. Shah said that investors need to keep a watch on the availability of oil as well as the price. "We have enough forex reserves to manage higher oil prices in double digits. (However) oil prices crossing triple digit or restricted supply will have an adverse impact on the market." Shah added that investors should use any market correction as an opportunity to accumulate while traders should remain on a cautious mode. The geopolitical uncertainty could also push up prices of gold as investors move to 'risk off' mode, meaning they sell risky assets like equities and move to haven assets like gold and govt bonds, market players said. A section of the market players believes that in case Iran doesn't react aggressively to the US's move to bomb its three nuclear sites, the markets may soon recover after a negative opening in Monday's early trade. One trader even pointed out that TA 35, the main stock market benchmark in Israel, was up more than 1% in Sunday's trading session, indicating investors in Israel had ignored the geopolitical tensions. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
15 hours ago
- Business
- Time of India
Triple-digit oil or supply shock could hurt Indian equities, says Nilesh Shah
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel As global geopolitical tensions escalate and crude oil prices edge higher, Kotak Mahindra Asset Management Company's Managing Director Nilesh Shah has warned that any sharp spike in crude oil or disruption in supply could have a negative impact on Indian equity markets 'Indian equity and rates market is like a man having average temperature as one leg is in cold water and the other in hot water,' Shah said, using a metaphor to highlight the current divergence between domestic and global to him, domestic factors continue to support current valuations, making Indian equities attractive for long-term investors expecting moderate returns. However, he flagged global concerns—ranging from U.S. policy actions to oil market uncertainty—as a rising threat.'Global factors from Trump policy to oil price/supply are boiling hot,' he warning comes amid a dramatic escalation in the Israel-Iran conflict. The United States launched coordinated airstrikes on three key Iranian nuclear facilities—Fordow, Natanz, and Esfahan—over the weekend, with U.S. President Donald Trump confirming that 'a full payload of bombs' had been dropped on the primary target, Fordow. He added that all aircraft involved had safely exited Iranian U.S. involvement marks a significant escalation, positioning it directly alongside Israel in efforts to dismantle Iran's nuclear infrastructure. Iran has vowed retaliation, raising fears of broader conflict in the Middle East. In response, the U.S. has also started evacuation flights from Israel.'We need to keep a watch on the availability of oil as well as its prices. Oil prices crossing triple digits or restricted supply will have an adverse impact on the market,' Shah said, noting India's reliance on imported oil despite healthy FX reserves. Brent crude has surged over 15% to $77 per barrel, while WTI crude has jumped 17% to $74.9 in the past eight trading sessionsAmid this uncertain environment, Shah advised caution for traders but struck a more optimistic tone for long-term investors.'Traders should be extremely cautious. Investors should use correction as an opportunity to accumulate,' he Read: US strikes on Iran may rattle markets: Will Nifty, Sensex react to escalating geopolitical risk? (Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Economic Times
15 hours ago
- Business
- Economic Times
Triple-digit oil or supply shock could hurt Indian equities, says Nilesh Shah
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel As global geopolitical tensions escalate and crude oil prices edge higher, Kotak Mahindra Asset Management Company's Managing Director Nilesh Shah has warned that any sharp spike in crude oil or disruption in supply could have a negative impact on Indian equity markets 'Indian equity and rates market is like a man having average temperature as one leg is in cold water and the other in hot water,' Shah said, using a metaphor to highlight the current divergence between domestic and global to him, domestic factors continue to support current valuations, making Indian equities attractive for long-term investors expecting moderate returns. However, he flagged global concerns—ranging from U.S. policy actions to oil market uncertainty—as a rising threat.'Global factors from Trump policy to oil price/supply are boiling hot,' he warning comes amid a dramatic escalation in the Israel-Iran conflict. The United States launched coordinated airstrikes on three key Iranian nuclear facilities—Fordow, Natanz, and Esfahan—over the weekend, with U.S. President Donald Trump confirming that 'a full payload of bombs' had been dropped on the primary target, Fordow. He added that all aircraft involved had safely exited Iranian U.S. involvement marks a significant escalation, positioning it directly alongside Israel in efforts to dismantle Iran's nuclear infrastructure. Iran has vowed retaliation, raising fears of broader conflict in the Middle East. In response, the U.S. has also started evacuation flights from Israel.'We need to keep a watch on the availability of oil as well as its prices. Oil prices crossing triple digits or restricted supply will have an adverse impact on the market,' Shah said, noting India's reliance on imported oil despite healthy FX reserves. Brent crude has surged over 15% to $77 per barrel, while WTI crude has jumped 17% to $74.9 in the past eight trading sessionsAmid this uncertain environment, Shah advised caution for traders but struck a more optimistic tone for long-term investors.'Traders should be extremely cautious. Investors should use correction as an opportunity to accumulate,' he Read: US strikes on Iran may rattle markets: Will Nifty, Sensex react to escalating geopolitical risk? (Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Economic Times
06-06-2025
- Business
- Economic Times
Silver ETFs offer upto 7% return in one week. Will the uptrend continue?
Silver ETFs surged up to 7% last week, with strong monthly gains driven by rising industrial demand, geopolitical tensions, and bullish investor sentiment. Silver ETFs have offered upto 7% return in the last one week and gave an average return of 6.29% in the same period. There were around 26 funds based on silver commodity in the said period. UTI Silver ETF offered the highest return of around 7.01% in the last week, followed by Tata Silver ETF which gave 6.68% return in the same period. Kotak Silver ETF FoF and Tata Silver ETF FoF gave 6.35% and 6.22% returns respectively in the mentioned period. Also Read | RBI slashes rates by 50 bps: What it means for debt mutual fund investors HDFC Silver ETF offered a return of 6.18% in the last one week. Nippon India Silver ETF and Edelweiss Silver ETF gave 6.17% return each in the said period. Zerodha Silver ETF delivered a return of 6.08% in the mentioned time period. Groww Silver ETF FOF offered the lowest return of around 5.71%. An expert mentioned that Silver has seen a structural turnaround since its 2020 lows, driven by a combination of safe-haven demand during global crises, rising geopolitical tensions, and booming industrial use in clean energy technologies.'Silver has surged nearly 60% over the past two years, with prices rising from Rs 87,000 to Rs 1,04,500 in 2025 alone. With continued volatility in global markets and robust demand from sectors like solar and EVs, & geopolitical problems on war front between Russia & Ukraine, Silver remains poised to test Rs 1,10,000–Rs 1,20,000 this year. The outlook stays bullish, favoring a buy-on-dips strategy,' Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities shared with the last one month, these commodity based ETFs have delivered upto 12% return and out of 23 funds in the same period, 17 funds gave double-digit returns. UTI Silver ETF being the topper gave 11.50% return in the last one month. Mirae Asset Silver ETF and DSP Silver ETF gave 10.35% return in the last one month Silver ETF gained 10.31% in the last one month. UTI Silver ETF FoF was the last one to deliver a double-digit return. The fund gave 10.01% return in the same Silver ETF FOF gave 9.23% return in the last one month and Tata Silver ETF gave 9.17% return. Also Read | Nilesh Shah praises RBI's bold rate cut, says even Trump may urge Fed to follow Another expert is of the opinion that amid escalating geopolitical tensions and trade uncertainties, both gold and silver have surged, but silver is emerging as a strong contender. 'Silver, buoyed by industrial demand from sectors like EVs and solar, offers higher growth potential despite greater volatility. With silver prices surpassing Rs 1 lakh/kg and expected to rise further, experts suggest a diversified allocation—6–8% in gold and 12–15% in silver,' Jigar Trivedi, Senior Research Analyst - Currencies and Commodities, Reliance Securities Limited told adds that, 'A balanced approach can help investors benefit from both stability and upside in 2025. Comex silver may appreciate to $36-37/oz as the current rally is supported by the weak dollar, strong industrial demand and safe haven appeal. MCX Silver is all set to travel to Rs 110,000/kg in a month. The outlook is positive.' (Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Time of India
06-06-2025
- Business
- Time of India
Silver ETFs offer upto 7% return in one week. Will the uptrend continue?
Silver ETFs have offered upto 7% return in the last one week and gave an average return of 6.29% in the same period. There were around 26 funds based on silver commodity in the said period. UTI Silver ETF offered the highest return of around 7.01% in the last week, followed by Tata Silver ETF which gave 6.68% return in the same period. Kotak Silver ETF FoF and Tata Silver ETF FoF gave 6.35% and 6.22% returns respectively in the mentioned period. Also Read | RBI slashes rates by 50 bps: What it means for debt mutual fund investors Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Eat 1 Teaspoon Every Night, See What Happens A Week Later [Video] getfittoday Undo HDFC Silver ETF offered a return of 6.18% in the last one week. Nippon India Silver ETF and Edelweiss Silver ETF gave 6.17% return each in the said period. Zerodha Silver ETF delivered a return of 6.08% in the mentioned time period. Groww Silver ETF FOF offered the lowest return of around 5.71%. Live Events An expert mentioned that Silver has seen a structural turnaround since its 2020 lows, driven by a combination of safe-haven demand during global crises, rising geopolitical tensions, and booming industrial use in clean energy technologies. 'Silver has surged nearly 60% over the past two years, with prices rising from Rs 87,000 to Rs 1,04,500 in 2025 alone. With continued volatility in global markets and robust demand from sectors like solar and EVs, & geopolitical problems on war front between Russia & Ukraine, Silver remains poised to test Rs 1,10,000–Rs 1,20,000 this year. The outlook stays bullish, favoring a buy-on-dips strategy,' Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities shared with ETMarkets. In the last one month, these commodity based ETFs have delivered upto 12% return and out of 23 funds in the same period, 17 funds gave double-digit returns. UTI Silver ETF being the topper gave 11.50% return in the last one month. Mirae Asset Silver ETF and DSP Silver ETF gave 10.35% return in the last one month period. Edelweiss Silver ETF gained 10.31% in the last one month. UTI Silver ETF FoF was the last one to deliver a double-digit return. The fund gave 10.01% return in the same period. SBI Silver ETF FOF gave 9.23% return in the last one month and Tata Silver ETF gave 9.17% return. Also Read | Nilesh Shah praises RBI's bold rate cut, says even Trump may urge Fed to follow Another expert is of the opinion that amid escalating geopolitical tensions and trade uncertainties, both gold and silver have surged, but silver is emerging as a strong contender. 'Silver, buoyed by industrial demand from sectors like EVs and solar, offers higher growth potential despite greater volatility. With silver prices surpassing Rs 1 lakh/kg and expected to rise further, experts suggest a diversified allocation—6–8% in gold and 12–15% in silver,' Jigar Trivedi, Senior Research Analyst - Currencies and Commodities, Reliance Securities Limited told ETMarkets. He adds that, 'A balanced approach can help investors benefit from both stability and upside in 2025. Comex silver may appreciate to $36-37/oz as the current rally is supported by the weak dollar, strong industrial demand and safe haven appeal. MCX Silver is all set to travel to Rs 110,000/kg in a month. The outlook is positive.'
