Where to find alpha in FY26? HDFC Securities' Dhiraj Relli on market trends, trade war risks and more

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Where to find alpha in FY26? HDFC Securities' Dhi .. Relli on market trends, trade war risks and more

Where to find alpha in FY26? HDFC Securities' Dhiraj Relli on market trends, trade war risks and more

^{Published on 2025-03-30 05:21:01 - Mint}

In an exclusive interview, Dhiraj Relli, MD & CEO of HDFC Securities, discusses how Donald Trump's tariff policies may affect Indian markets. With a focus on sectors like IT, pharma, and automobiles,

The article from MSN Money discusses insights from Dhiraj Relli, MD & CEO of HDFC Securities, on where to find alpha (excess returns) in the fiscal year 2026. Relli highlights several key areas for investment focus amidst current market trends and potential trade war risks. He suggests that sectors like manufacturing, infrastructure, and capital goods could offer significant alpha due to government initiatives like 'Make in India' and increased capital expenditure. Additionally, he points out the importance of looking at companies with strong balance sheets, good governance, and those that are adapting to digital transformation. Relli also touches on the risks posed by global trade tensions, particularly between the US and China, advising investors to diversify their portfolios to mitigate these risks. He emphasizes the need for a balanced approach between growth and value investing, and the potential in midcap and smallcap stocks which might be undervalued due to recent market corrections.

Read the Full Mint Article at:
[ https://www.msn.com/en-in/money/economy/where-to-find-alpha-in-fy26-hdfc-securities-dhiraj-relli-on-market-trends-trade-war-risks-and-more/ar-AA1BVESU ]

N@N

Where to find alpha in FY26? HDFC Securities' Dhiraj Relli on market trends, trade war risks and more