저자: Zee Business · 외국인
다듬은 글
So this is my first meeting with you at the beginning of the new year. Happy New Year too. First, tell us the market outlook for this year. Then I come to the budget. Tell me sir, do you think the market will be better in 2026? Sir, I think this market of 26 will be very selective. What we saw in 21, 22, 23, 24 is that wherever you put your hand, anything works.
So my song was Sir, wherever I put my hands these days, I do double triple there. Every day I think about what new thing I should buy. No matter what anyone tells me, I won't let anything go. He said, if you set foot here in Sambhalsal, you will earn years of money in minutes. Touching is correct. So sir, this market is such a place that people have celebrated Diwali here for the last three-four years, so they still have the same expectation that yes brother, it will happen like this this year too.
So it is not the same every year. The average that is seen in the market is that you got 15% or 20% return. So you should look at a 10 year tenure. Right? So I think this market will be very selective this year too. It's not like anything you take will increase your chances. I don't think so. You will have to invest money very thoughtfully.
Yes, invest wisely. Do n't waste time on rumours or tips. This is a business of knowledge and patience. Learn from experience and do your best. So sir, tell me one thing, it just keeps coming to my mind that when you are at home and the children have something to say to you or you have to ask for food from your sister-in-law, you still sing a song.
Sir, if they sing so much, they lock their houses. Whenever I start singing, everyone goes out of the room. Now it's crazy [laughs]. Right now I am at home. Sir, what should I say about him? Bring him to the studio someday, then he will know how well you sing and how many fans you have all over the country and the world.
Sir, home grown chicken is worth nothing. Chicken is equal to chicken and rice. Same here sir. He is with everyone. Our Bansal ji is also not there, we are at home in the same situation, you know the situation. Come on, in the meantime, your budget is also in front of you and I would like to know from you what kind of expectations you have from the budget.
Do you think this time there could be some really good budget for the market? What can be done for the economy? Generally it has been seen Sir that this time people's expectations are not that high, as per what I understand from the survey or from talking to people, there is not much hope that any such reform will come in this for the stock market, so even if some particular reform of this country comes to me, but unless the earnings do not increase, unless there is growth in the companies, the earnings will not increase, till then Sir even if you make the capital gains tax zero and if I do not have any gain then what difference does it make to me whether the capital gain is zero or 100, it is most important for the government, I am not an economist, so what I understand is that until there is a huge amount of job creation in India, there should be a little sensitivity towards the economy, so I feel that whatever the government focuses on, then I also have wishful thinking.
I also have a wish and I think that maybe the government will do something for the manufacturing sector because there have been a lot of job losses due to AVI, so I think the government will probably do something to create jobs and that can happen through manufacturing, the government has already brought PLI scheme etc.
in that line, something much bigger than that, in electronics like electricals there has been a lot of benefit, I think the government's focus will be on job creation, how to create maximum jobs, that is it sir, let's do something like this economically for the market, sir, you have even sung it in front of the finance minister, please reduce the tax, the only thing that is needed in the market [laughs] maybe it is, isn't it, look, one we stand in front of God, oh God give this, give that, give this and on the other hand we recite Hanuman Chalisa in very melodious music in front of God, so its effect is a little bit [laughs] naturally God will also be pleased with the music.
I am sure sir, sing a little and ask for something to please the finance minister too [laughs] will madam get angry, if it had not happened then it would have been done by now, you have already told it before, it is equal [laughs] I have heard sir, I have told madam that today for the first time you are taking tax on dividend madam, why again and again, what is the matter [laughs] so the tax is capital market madam, I had the chance to make it in front of madam in Delhi and madam took it very sportingly and the anchor then asked her whether anyone sang a song for you, but madam acknowledged it but did not reduce the tax on dividend the fact that you acknowledged it so much is a big thing but we owe respect to everyone, your request has reached there, yes it has reached, the decision will be taken when it is done, but the request has reached, it is a big thing, as you said that one has to be selective even in the market.
It does not seem that there will be any major change in the budget also. Why do you think the markets can go up from here ? What triggers can accelerate growth for Indian hair? Look at the triggers of the boom, what do I think, there is a time for everything. Everything takes time. You cannot change the economy overnight.
Understand the slowdown in earnings that is going on and you cannot suddenly increase that earning. For that you bring reforms. It takes 6 to 12 months. After any policy is introduced, it gets implemented. It takes 6 to 12 months for its result to come. So I still feel that the most important thing here is that I would like to tell you one thing that this GDP growth rate of 6.5-7%, I feel that even though we call ourselves that we are the fastest growing economy.
But if we look at the fastest economies, we have economies of $4 trillion to $4.5 trillion. And if we grow at 6.5, 7, 8%, we may become the third largest economy but there is a huge difference between third and second. This is a huge difference, so if we have to commit, then we have to commit from the second, not from the fastest behind us, so instead of the fastest, we should increase our base to that extent.
If we grow widely, I think it will be good for our country. So I think for that the GDP growth rate of 7-8% is good but it is not very good. We should grow in double digits. We should grow at 12, 13, 14%. Otherwise, whatever we talk about China Plus One, whatever we call ourselves, I think that China Plus Nun is like this, actually the calculation is yes, China Plus One is not China Plus Nun, yes, China Plus Nun is actually one one, it is nothing, so by saying this we will not grow by 12, 13, 15%, until then we will have such a huge exponential growth all around, which we call complete development, it is difficult to happen, that will not happen, so the government will focus on this, it seems to me that this is right, Sir, you are known as an expert in packing big stocks.
Stocks You generally prefer to buy stocks based on whether your company is doing well or not, rather than taking a view on the overall market. What are the spaces that you like these days where you think there are good investment opportunities? So what about me sir, I just see one simple thing. As I have said many times that when an old athlete who has made a track record in the past and when he is out of form, then I start preparing my mind to invest in that athlete.
When this athlete reaches the inflection point and comes back to regain his glory, I have to invest in him. I understand some sectors in it like the infrastructure sector which had reached a glory. You see, all of them have been subdued for the last two years and the shares of Infra are available at about 1/3rd of their value.
Some are 50% down, some are 60% down and without infrastructure India cannot develop. For that, whatever we talk about from 4 that we will become 60 trillion or 10 or 5, that is not possible. So I feel that this infrastructure story should turn around. This will take time. It may take some time, 2 months, 6 months or a year, but it is necessary.
So this is one sector which I like and apart from that I also like the hospital industry, this overall ecosystem, like our population is growing, ageing is happening, so we are still a young country but the way its demand is, I feel that this is a sundae sector, it should remain like this, tourism, I have said earlier also that I like tourism on your channel, so these are some sectors for me right now, right now you have the option of spending in two places, either in the hospital or in the hotel.
[laughs] Yes, I told you that I like both the sectors. Put which one you like. Hotels or hospitals, but also infrastructure that is in bad shape and where the balance sheet is good, can be invested in. They are great people. Sir, thank you very much. You gave me time and discussed the market as well as the budget.
Also, you released a very good song with us for people to listen to. Definitely go to the handles of the head. You can also find it on all the social media handles of Zee Business and enjoy the song. Absolutely. And in this way sir, you keep making good songs. Thank you so much sir. Thank you very much for joining us today.
Come Tejas Shah sir is with us. Let's take their short term picks from them. Tejas Shah sir, please tell me sir. So Anil ji today
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