<\/em>
What could be the next trigger for Reliance<\/a> going forward from here?
<\/strong>The stock has been consolidating. The move right now is more because of its oil and gas business. The good numbers from public sector oil marketing companies have led to a re-rating of the entire sector. The expectation is that the oil and gas part should do better. Jio Platforms and the retail business are already valued to perfection. The Jio part will start taking off once there is an industry-wide ARPU hike, which has disappointed the market for the last two quarters. Until that happens, you are not going to see much on that part. E-commerce is still in the early days. There's no big traction. In retail, they are the biggest in India but that is valued already. So this is more about the waking up of a giant. Oil and gas is leading to this and there is also some good news from the exploratory and production side.
Are we in for another strong month in June?
<\/strong>Right now, the momentum seems to be pointing towards that. May was surprising, but the market factored in the plateauing of numbers in the middle of May. Financials were underperforming, in contrast to most of the world markets. May was a story of financials catching up to a large extent and we are expecting that to continue. There will be pain on the retail side, especially at the lower end. The collections of MFIs and lower-end NBFCs are suffering. Public sector banks have gone overboard on retail lending over the last two years.
We are very much near topping out once more. Of course, people do not like to hear words of caution in a market like this. It is a totally asymptomatic market. It is not displaying symptoms of the economy or the health of the country. It is more about the flows and the hope trades. That should continue in June but we are getting near the top.
Where do you stand on the entire metals debate? Are we in the middle of a structural bull run in metals?
<\/strong>Clearly, the kind of run-up we have had this year has factored in most of the price gains that metals have seen. It is a super cycle. It comes once every few decades and lasts for at least three to five years. So we are not really seeing the end of it. The whole global economy is recovering, supply is not much higher than demand. As the demand increases, metal prices will increase further. I stay quite positive on them. For fresh positions, you can wait for dips to buy. Those holding positions will be well-rewarded after 1-2 years. As the global economy recovers and reopens, metals will be in demand.
<\/body>","next_sibling":[{"msid":83136152,"title":"We're just not compatible any more: Why Microsoft finally dumped Internet Explorer","entity_type":"ARTICLE","link":"\/news\/were-just-not-compatible-any-more-why-microsoft-finally-dumped-internet-explorer\/83136152","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":83136195,"entity_type":"ARTICLE","title":"Reliance's Jio and retail businesses priced to perfection: Ajay Bagga\u200b","synopsis":"\"We are very much near topping out once more. Of course, people do not like to hear words of caution in a market like this.\"","titleseo":"telecomnews\/reliances-jio-and-retail-businesses-priced-to-perfection-ajay-bagga","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":144,"shares":0,"engagementtimems":720000},"Alttitle":{"minfo":""},"artag":"ET Now","artdate":"2021-06-01 10:07:10","lastupd":"2021-06-01 10:07:41","breadcrumbTags":["reliance jio","reliance stock outlook","Reliance","Reliance Retail","reliance share price","reliance share price target","Reliance stock","Industry","reliance shares"],"secinfo":{"seolocation":"telecomnews\/reliances-jio-and-retail-businesses-priced-to-perfection-ajay-bagga"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2021-06-01" data-index="article_1">
读到
没有大的牵引力信实零售目前的电子商务业务,市场专家说Ajay Bagga在这个面试。编辑摘录:
可能是下一个触发依赖从这里向前吗?
股票已经巩固。此举现在更多的是因为其石油和天然气业务。良好的数字从公共部门石油营销公司导致了整个行业的评级调整。期望是石油和天然气的部分应该做得更好。Jio平台和零售业务已经有价值的完美。Jio部分将开始起飞一旦有一个全行业的ARPU远足,已让市场失望最后两个季度。在这之前,你是不会看到这部分。电子商务仍处于早期。没有大的牵引力。在零售业,他们在印度是最大的,但价值了。 So this is more about the waking up of a giant. Oil and gas is leading to this and there is also some good news from the exploratory and production side.
我们6月在另一个强大的月吗?
现在,势头似乎指向。也许令人惊讶,但市场因素可能的中间的数字达到稳定期。金融类股表现不佳,与大部分的世界市场。可能是金融类股迎头赶上的故事在很大程度上,我们期待着继续。会有痛苦在零售方面,尤其是在低端。小额信贷机构的集合和低端nbfc痛苦。公共部门银行已经落水零售贷款在过去的两年。
我们非常接近封顶。当然,人们不喜欢听的话小心在这样一个市场。这是一个完全无症状的市场。它不显示症状的经济或国家的健康。这是更多的流动和交易。6月应该继续,但我们越来越接近顶部。
你站在整个金属辩论在哪里?我们中间的一个结构性牛市金属?
显然,之前我们有今年价格上涨的因素在大多数金属有见过。这是一个超级周期。它每隔几十年,持续至少三至五年。所以我们并没有真正看到它的结束。整个全球经济正在复苏,供应不是远高于需求。随着需求的增加,金属价格将进一步增加。我保持相当积极。对于新鲜的位置,您可以等待下降。那些持有头寸将在1 - 2年后获得丰厚回报。随着全球经济的复苏和重开,金属将在需求。
可能是下一个触发依赖从这里向前吗?
股票已经巩固。此举现在更多的是因为其石油和天然气业务。良好的数字从公共部门石油营销公司导致了整个行业的评级调整。期望是石油和天然气的部分应该做得更好。Jio平台和零售业务已经有价值的完美。Jio部分将开始起飞一旦有一个全行业的ARPU远足,已让市场失望最后两个季度。在这之前,你是不会看到这部分。电子商务仍处于早期。没有大的牵引力。在零售业,他们在印度是最大的,但价值了。 So this is more about the waking up of a giant. Oil and gas is leading to this and there is also some good news from the exploratory and production side.
我们6月在另一个强大的月吗?
现在,势头似乎指向。也许令人惊讶,但市场因素可能的中间的数字达到稳定期。金融类股表现不佳,与大部分的世界市场。可能是金融类股迎头赶上的故事在很大程度上,我们期待着继续。会有痛苦在零售方面,尤其是在低端。小额信贷机构的集合和低端nbfc痛苦。公共部门银行已经落水零售贷款在过去的两年。
我们非常接近封顶。当然,人们不喜欢听的话小心在这样一个市场。这是一个完全无症状的市场。它不显示症状的经济或国家的健康。这是更多的流动和交易。6月应该继续,但我们越来越接近顶部。
你站在整个金属辩论在哪里?我们中间的一个结构性牛市金属?
显然,之前我们有今年价格上涨的因素在大多数金属有见过。这是一个超级周期。它每隔几十年,持续至少三至五年。所以我们并没有真正看到它的结束。整个全球经济正在复苏,供应不是远高于需求。随着需求的增加,金属价格将进一步增加。我保持相当积极。对于新鲜的位置,您可以等待下降。那些持有头寸将在1 - 2年后获得丰厚回报。随着全球经济的复苏和重开,金属将在需求。
评论
现在评论 阅读评论(1)所有评论
找到这个评论进攻?
下面选择你的理由并单击submit按钮。这将提醒我们的版主采取行动