Anshul Saigal, CIO & Founder, Saigal Capital Advisors, says investors should focus on what they can control: owning quality companies at reasonable valuations. Addressing concerns over macro volatility and potential downside in the small-cap universe, Saigal says short-term market swings are difficult to predict but permanent capital loss can be reduced through portfolio quality and valuation discipline. He highlights earnings trajectory as the key factor determining stock performance over time. Saigal says recent quarterly numbers and company commentary point to an earnings uptick cycle. In his view, strong earnings can help markets absorb macro volatility, with stocks ultimately trending in line with the earnings trajectory. He also recalls how exiting small caps during a volatile period could have meant missing the subsequent rally, despite macro conditions remaining uncertain.
Anshul Saigal, CIO & Founder, Saigal Capital Advisors, says his portfolio has recently positioned itself in the CDMO pharma space, identifying what he sees as underappreciated opportunities. Saigal says India currently accounts for only around 4% of the global CDMO market, compared with China’s estimated 50–60% share. He expects even a modest shift in global CDMO activity away from China towards India to have a meaningful impact. According to Saigal, India’s pharma know-how and execution capabilities could support this opportunity, while global companies may increasingly seek to diversify supply chains for critical products. He also discusses how the portfolio has previously benefited from data centres, optical fibre and energy themes. Saigal says the CDMO space could see stronger investor interest going forward.
Anshul Saigal, CIO & Founder, Saigal Capital Advisors, names an energy stock held in his long-term portfolio and explains why he sees strong tailwinds for the oil and gas services space. Saigal says his firm bought Deep Energy earlier this year when the company was trading at single-digit multiples, with its business already performing well. He highlights the potential for higher oil and gas capital expenditure and compares the company to the “shovels” that benefit during a gold rush. Saigal says Deep Energy provides infrastructure and services to upstream oil and gas companies, including drilling and gas compression. He also points to ONGC’s recent gas discovery in the Mahanadi basin as a potential demand driver for oil and gas services. Saigal cautions that this is not a buy recommendation.
Are small-cap valuations stretched after the recent rally? Anshul Saigal, CIO & Founder of Saigal Capital Advisors, discusses the small-cap outlook amid rising bond yields, higher oil prices and geopolitical uncertainty. Saigal notes that investors who stayed in small caps from September 2024 through March 2026 saw significant portfolio declines before the small-cap index rallied more than 20%. However, he says valuations had undergone meaningful time and price corrections during the earlier period. Saigal also points to improving earnings and credit growth as important tailwinds. He cites around 19% credit growth, strong small-cap earnings growth and 7.8% GDP growth as factors supporting the broader investment case. He argues that investors should focus on earnings alongside valuations and avoid reacting purely to the recent rally when assessing small-cap opportunities.
Anshul Saigal, CIO & Founder of Saigal Capital Advisors, highlights a striking dichotomy in market sentiment. While companies remain positive about the short, medium and long-term outlook, investors have turned cautious after portfolios delivered limited returns over the past two years. Saigal says macro uncertainty has kept large caps and broader markets volatile, even as the underlying economy and corporate performance remain strong. He believes this divergence has created opportunities for stock pickers, with specific market segments delivering gains despite muted headline indices. Saigal says the current environment could be a period to build portfolios with a three-to-five-year horizon, rather than focusing only on broad-market performance. Watch the full conversation for his perspective on investor sentiment, stock-picking opportunities and how investors could approach a market where the headline indices have remained largely range-bound.
Join Shailendra Bhatnagar on Business Today Television for an exclusive and insightful conversation with Anshul Saigal, CIO & Founder, Saigal Capital Advisors, live from Dubai. In this episode, Anshul decodes the current market sentiment, explaining why periods of macroeconomic uncertainty present immense opportunities for stock pickers. Discover his top strategies for navigating small and mid-cap valuations and why earnings trajectory remains the ultimate driver of stock performance. We dive deep into high-growth themes, including data center infrastructure, the CDMO pharma space, and the energy sector, highlighting wealth-creation picks like Sterlite Technologies and Deep Industries. Finally, gain expert perspectives on the Indian Rupee, oil price forecasts, and the potential return of FIIs. Tune in to build your long-term wealth portfolio!
In this edition of Business Today’s Market Guru, George Thomas, Fund Manager – Equity at Quantum AMC, shares his outlook on the Indian stock market amid heightened volatility and evolving global risks. He discusses market valuations, the opportunities emerging across sectors and market caps, and where investors could find value in the current environment. The conversation also looks at the outlook for equities, the impact of crude oil and global uncertainty, and the key factors that could shape the next phase of the Indian markets.
Are midcap stocks still attractive at current valuations? In this episode of our Business Show, Aashish Somaiyaa, CEO of WhiteOak Capital AMC, shares his outlook on the midcap segment, valuations and the investment opportunities he sees across sectors. We look at the WhiteOak Capital Mid Cap Fund, its portfolio positioning, sector allocation and market-cap exposure, with financials, healthcare, industrials, technology and consumer discretionary among the key sectors. Somaiyaa also discusses the road ahead for midcap stocks, market valuations, portfolio strategy and what investors should watch as Indian equities navigate the next phase of the market.
In this episode, we speak with Abhay Agarwal, Founder and Fund Manager of Piper Serica, about how his PMS has delivered a 19.4% CAGR since inception, well ahead of the Nifty 50 TRI. We discuss the fund's investment philosophy, recent portfolio changes, key risks in the current market, and what investors should know before considering a Portfolio Management Service. A candid conversation on growth investing, stock selection, and navigating Indian markets.
Welcome to Business Today Television! In this exclusive interview, we sit down with Mihir Vora, CIO of Trust Mutual Fund, to decode Dalal Street's current momentum. With his AMC recently crossing the ₹5,000 crore AUM milestone, Vora shares his expert strategies for navigating market volatility. He explains how easing geopolitical tensions, robust FCNR inflows, and the cooling global AI hype are driving foreign liquidity back into Indian equities while stabilizing the rupee. Vora highlights a strong preference for small and mid-cap stocks over large caps, noting structural headwinds for large-cap IT services. Instead, he reveals massive growth opportunities in CDMOs, consumer discretionary, precious metals, and data center ancillaries. Tune in to discover where the smart money is heading next!
Welcome to Business Today TV! In this exclusive session, we are joined by Harsha Upadhyaya , CIO, Kotak Mahindra AMC, to analyze the latest trends driving Dalal Street. He decodes how easing geopolitical tensions in West Asia and strong Q1 corporate earnings are boosting market sentiment. Upadhyay also highlights the impact of massive FCNR(B) deposit inflows and foreign institutional investor buying on stabilizing the Indian Rupee. Furthermore, he shares key portfolio insights, including why Kotak Flexi Cap is building positions in private banks while staying cautious on IT, alongside his outlook on large, mid, and small-cap valuations. Tune in for expert market strategies and actionable investment perspectives!
Welcome to Business Today TV! In this exclusive interaction, Shailendra Bhatnagar connects with Aditya Khemka, CIO at InCred Asset Management, to decode the winning strategy behind their high-performing healthcare portfolio. Discover how InCred Healthcare PMS is expanding into an open-ended Category III AIF, offering seamless, tax-efficient access for investors. Khemka shares deep-dive insights on non-discretionary healthcare plays like HCG, FDC, Thyrocare, and Jeena Sikho Lifecare, explaining why domestic healthcare remains immune to global macro volatility and US FDA hurdles. Plus, get key perspectives on broader market valuations, rising inflation risks, the microfinance sector turnaround, and high-conviction ideas like Pine Labs and KEC International. Tune in for actionable wealth-creation strategies!
Welcome to Business Today TV! As Middle East tensions escalate, Brent crude breaches $100/barrel, and US bond yields cross 5%, Dalal Street faces renewed pressure. In this exclusive interaction, Shailendra Bhatnagar sits down with Anshul Saigal, CIO & Founder, Saigal Capital Advisors, to decode a winning strategy for navigating global market volatility. Discover why smart money is shifting toward resilient macro and micro trends—including AI data center infrastructure, energy security, cotton textiles, and the microfinance sector turnaround. Plus, get expert perspectives on the real impact of US generic pharma tariffs, small-cap portfolio outperformance, and why current market dips present prime value-buying opportunities for long-term wealth creation. Tune in for actionable stock market insights!
Quant investing is more than just numbers—it also requires constant evolution and disciplined investing. Aparna Karnik, Fund Manager and Head of Quantitative Investment and Analytics, DSP Mutual Fund, explains how the DSP Quant Fund selects stocks using a multi-factor approach instead of relying on a single investment style. She highlights key parameters such as return on equity, profitability, earnings visibility, and business consistency while continuously refining the fund's models to adapt to changing market conditions. Watch the full discussion to understand how quantitative investing works and the factors that help build a more balanced, all-weather investment portfolio.
Is the recent market correction a buying opportunity or a warning sign? Join Business Today TV as Satish Ramanathan, CIO – Equity, JM Financial AMC, shares his outlook on Dalal Street amid volatile global markets. He explains why cooling crude oil prices, improving monsoon conditions and easing inflation fears remain positive for India's economy despite short-term pressure. Watch his views on pharma, NBFCs, gold finance, PSU stocks, IT, Q1 earnings, RBI's FCNR deposit scheme and upcoming mega IPOs. He also discusses whether value investing or growth investing is likely to outperform over the next 18 months, and what could revive FII inflows into Indian equities. Don't miss this insightful market discussion packed with actionable investment insights and sector-specific strategies.
In this episode of Market Guru, we speak with Satish Ramanathan, CIO–Equity at JM Financial AMC, to take a deep dive into the JM Midcap Fund and understand the investment philosophy driving its performance. Launched in November 2022, the fund has delivered a strong return since inception, backed by a diversified portfolio of 63 stocks. Satish Ramanathan discusses the fund's stock selection process, sector allocation strategy, risk management framework and the opportunities he sees in India's mid-cap space. We also examine key holdings including Godfrey Phillips India, Bharat Forge, Tube Investments of India, Marico, Glenmark Pharmaceuticals, and other portfolio favourites. The conversation covers the outlook for Indian equities, valuations in the mid-cap segment, emerging investment themes, and what investors should keep in mind while building long-term wealth through mutual funds. If you're looking to understand whether mid-cap funds deserve a place in your portfolio, this discussion offers valuable insights from one of the industry's leading fund managers. Watch Market Guru for expert market insights, fund analysis and actionable investment ideas.
Join Shailendra Bhatnagar on Business Today TV as he decodes the RBI’s latest policy signals, the government’s big tax relief for foreign investors, and what it means for Dalal Street. In this market discussion, Vaibhav Sanghavi, CEO, ASK Hedge Solutions, breaks down the impact of the government's move to exempt foreign investors from capital gains tax and interest income tax on government securities. Will this trigger fresh FII inflows? Can it strengthen the rupee, support bond markets, and boost equity sentiment? We also discuss RBI’s measures to attract foreign capital, the outlook for interest rates, market valuations, and key investment opportunities emerging from the policy announcements. Watch this insightful conversation for expert views on markets, bonds, FIIs, equities, and the road ahead for Indian investors.
Markets are holding firm on May F&O expiry day, but where is smart money really headed now? In this explosive edition of Market Guru, Anshul Saigal, CIO & Founder of Saigal Capital Advisors, decodes the next big opportunities on Dalal Street. From the AI-driven rally in data and power plays to defence, energy and smallcaps, Saigal explains why this could be a golden phase for long-term investors. He also shares why fear in the market may actually be creating massive wealth-building opportunities. Catch his sharp take on Business Today.
Business Today TV’s Shailendra Bhatnagar speaks exclusively with Atul Bhole, Senior Fund Manager at Kotak Mutual Fund, on the evolving outlook for India’s midcap space and the long-term wealth creation story of the Kotak Midcap Fund. With the fund delivering strong SIP returns over the years, Bhole shares his views on current market valuations, sector opportunities, portfolio strategy and the road ahead for midcap investors. The discussion also focuses on how disciplined SIP investing has helped investors create substantial wealth, with a ₹10,000 monthly SIP in the fund growing significantly over the long term. From navigating market volatility to identifying quality growth businesses, Bhole explains what continues to drive confidence in the midcap segment despite recent market swings. Catch this exclusive conversation for key insights into India’s midcap investment landscape and strategy ahead.
Markets may be flat on the screen, but the action beneath the surface is intense. In this special episode of Market Guru, Shailendra Bhatnagar speaks with Satish Ramanathan, CIO-Equity at JM Financial AMC, on the biggest trends shaping Dalal Street. From the sharp rally in Japanese and Korean markets to easing West Asia tensions, cooling crude oil prices and renewed optimism in Indian equities - the discussion covers it all. Satish Ramanathan shares his outlook on Nifty, midcaps, smallcaps, manufacturing, BFSI, IT and the future of India’s growth story. The spotlight is also on the JM Flexi Cap Fund, sector allocation strategy, smallcap opportunities and how investors should navigate volatility amid global uncertainty. Catch this insightful market masterclass packed with investment wisdom and long-term wealth-building strategies.
Dive into an insightful conversation with Dinshaw Irani, CEO of Helios Capital, as he shares his expert perspective on the Indian stock market, mutual funds, SIP investing and the broader market outlook. From trends in the NIFTY 50 and BSE SENSEX to strategies for long-term wealth creation, this discussion covers key themes every investor should watch. Gain valuable insights on market volatility, portfolio strategy, fund selection and where opportunities may lie in India’s evolving investment landscape. Whether you are a seasoned market participant or beginning your investment journey, this conversation offers practical perspectives on stocks, mutual funds and smart investing. Watch the full interview for expert analysis, market trends and actionable investment insights.
Muthoot Fincorp becomes BCCI’s title sponsor for home cricket till 2028 
'Going to look very different in 365 days': US Labor Dept watchdog warns amid H-1B crackdown
Special FD vs regular FD: The extra interest may not be worth the lock-in
Global debt hits $365 trillion: Why inflation masks the world’s rising debt burden
LPG, CNG, PNG prices today (September 27): Check latest rates in Delhi, Mumbai, Kolkata, other cities
IPO rush: Four IPOs conclude today; check subscription status, other details of issues still open
Meesho shares slip 7% as Nomura assigns 'reduce' call; here's what the brokerage says 
Sensex, Nifty extend losing streak to seventh week, longest since 2020: What's next?
Suzlon in bear grip: Oversold signals emerge near 52-week low for the stock 
EIL shares jump 7% to hit record high; stock up nearly 62% in six months: What's driving the rise?
R Veeramani Case: Granite Tycoon Faces Widening POCSO Probe In Chennai
Gen Z And Money: Why Young Investors Want Quick Returns Over Long-Term Wealth Creation
How Is Alexa+ Different? Will It have Ads Even If You Pay? Exclusive Chat
Demand Robust Across Segments | Production To Ramp Up, Exports To Expand: Vivek Srivatsa
GST Council To Meet On October 7: Invoice Matching, ITC & UPI MDR Tax In Focus
