NBFC stocks to buy: Time to shed the negative bias? Yes, selectively. 5 NBFC stocks with an upside potential of up to 36%

[hfe_template id='11223'] [ad_1]

Synopsis

Why does NBFC as a sector produce both the best of heroes and the worst of villains? The answer lies in the basic nature of the business. At one level, there is no dearth of demand for credit. But here is the catch: There is good credit and there is bad credit. There are enough examples to show that either by chasing fast growth or by simply siphoning off money, promoters of some NBFCs have actually been the reason for their own and their companies' downfall. It is the sector where the regulatory interventions have been highest – and rightly so.

On a day when the broader market indices – the Nifty and Sensex – are trading with high volatility, it may seem odd to be looking at a sector like NBFCs – one that is already under pressure. But history tells us that the best time to look at a sector is when it has something which is perceived as negative – and the market is correcting accordingly. To put this in perspective: Stock prices and news have an inverse relationship. When news is good,

  • FONT SIZE
  • SAVE
  • PRINT
  • COMMENT

Uh-oh! This is an exclusive story available for selected readers only.

Worry not. You’re just a step away.

Why ?

  • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

  • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise

  • ​Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-​

[ad_2] Source link https://mrgaga.in/nbfc-stocks-to-buy-time-to-shed-the-negative-bias-yes-selectively-5-nbfc-stocks-with-an-upside-potential-of-up-to-36/?feed_id=45189&_unique_id=675cee508d590

Comments

Popular posts from this blog

India VIX jumps 100% in one month. Could fear levels take Nifty further down?

Can Sensex, Nifty snap 2-day fall on Monday? 7 factors that could decide market mood this week

Waaree Energies shares in focus after Q4 profit rises 34% to Rs 619 crore, revenue up 36%