Investors should be a little careful in the market for 2-3 months, suggests to invest in pieces: Dinshaw Irani, CEO, Helios India

Investors should be a little careful in the market for the next 2-3 months. The effect of hike in interest rates will be visible in the future said Dinshaw Irani, CEO at Helios India. He suggested investors to invest in pieces.

In Conversation with Zee Business' Anchor & Head-Research Deepanshu Bhandari during 'Market Outlook FY23' show, Irani suggested that investors should remain careful in the new financial year which begins today. He said that all the events that have happened so far in the calendar year have been outliers. So in this scenario, it is difficult for the regulator, policy-maker, and even the investor to understand how to proceed.

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He then said the Fed has just started the interest rate hiking cycle, but looking at the past 60 years of history, the Fed has had 10 different cycles where they raised rates. Out of which they got success in only on three occasions as they took mid-term improvement. The rest of the cycle has ended in recession.

Now it will be more difficult for the Fed than it was at those times because conflicting signals are too many including the likes of inflation, rising commodity prices, the Russia-Ukraine war, Helios India CEO said.

Talking about the domestic market, Irani said that rural development, which was one of the pillars, is steadily coming down. So, there might be some problem due to that. Even in metros, downtrading is going on, which is also not good.

The quarter of last March 2021 was quite strong as we came out of the lockdown. But if you compare this year's quarter with last year, there can be a problem, he said.

Looking at all the circumstances, Irani advised investors to be a little careful in the market for 2-3 months, don't be too aggressive, buy the stock if the improvement is seen but try to invest in pieces.

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Market Outlook FY 23

निवेशक 2-3 महीने बाजार में थोड़ी सावधानी रखें, आगे ब्याज दरों में बढ़ोतरी का असर दिखेगा,निवेशक टूकड़ो में निवेश करें: दिनशॉ ईरानी, CEO, हेलियस इंडिया

देखिए नए #Financialyear पर #FY23 का आउटलुक...#newfinancialyear @deepdbhandari @IndiaHelios pic.twitter.com/4PgSAbxAsD

— Zee Business (@ZeeBusiness) April 1, 2022