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-#TorrentPharma signs MoU with Gujarat government - #Mobikwik's board approves second run at #IPO Find out what's happening in trade so far with Hersh Sayta and Smriti Chaudhary on Market IQ. #NDTVProfitLive _______________________________________________________   For more videos subscribe to our channel: https://www.youtube.com/@NDTVProfitIndia Visit NDTV Profit for more news: https://www.ndtvprofit.com/ Don't enter the stock market unaware. Read all Research Reports here: https://www.ndtvprofit.com/research-reports Follow NDTV Profit here Twitter: https://twitter.com/NDTVProfitIndia , https://twitter.com/NDTVProfit LinkedIn: https://www.linkedin.com/company/ndtvprofit #ndtvprofit #stockmarket #news #ndtv #business #finance #mutualfunds #sharemarket Share Market News | NDTV Profit LIVE | NDTV Profit LIVE News | Business News LIVE | Finance News | Mutual Funds | Stocks To Buy | Stock Market LIVE News | Stock Market Latest Updates | Sensex Nifty LIVE | Nifty Sensex LIVE

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00:00 of updates Bajaj finance with Jeevan small angel broking surge on better than guided q3 updates

00:05 nifty it slips from morning highs to trade in the red on Morgan Stanley re-rating

00:13 LTI mindtree HCL tech and TCS extend losses

00:16 and interglobe aviation has withdrawn fuel fee on recent fall in jet fuel prices

00:24 so will other airlines also follow suit we'll find out

00:30 hello and welcome you're watching market iq on NDTV profit quick look at markets first you're

00:44 seeing you know markets showing some amount of strength resilience two-thirds of a percent higher

00:50 on the nifty 50 as we speak also with regard to the mid-cap as well as the small cap indices they

00:57 continue to outperform the benchmark index in terms of the gainers on the nifty today we are seeing

01:02 the likes of an ntpc up four percent you know all-time high for that stock you have the likes

01:09 of bajaj finance surging on the back of numbers you also have data consumer hitting its all-time

01:14 high three and a half percent higher on data consumers among the losers you have the likes

01:19 of an lti mindtree as well as hcl tech it continues to be the lagard there and bpcl also trading with

01:26 a cut of around 1.4 odd let's quickly look at the sectors as well you're looking at the nifty bank

01:32 which is up one percent as well largely in line with the broader markets you're seeing uh you

01:38 know some amount of red on the nifty it just a hint of red uh in fact as we speak but other than

01:44 that you're looking at the likes of a nifty reality which is surging six percent in trade nifty private

01:49 bank also gaining a percent or thereabouts let's also pull up the uh constituents of the nifty

01:54 reality because all of them have really hit it out of the park today uh you're seeing pretty much a

02:00 solid piece of green across the board four percent plus gains across the board on the nifty reality

02:07 uh you know and we will speak about that because we have a guest uh in store we have a bowman

02:15 rustom irani uh of uh who's the cmd of keystone realtors of course rustom g uh you know to talk

02:22 to us about what's happening what are the trends that's really shaping up in the real estate space

02:27 uh you know quickly to try and break that down uh smriti right uh before we move on to reality

02:36 and we'll discuss that further we i'd like to talk about energy sector now energy is also seeing a bit

02:42 of a uptick today with ntpc as you mentioned up four percent and the index is also up more than

02:48 more than a percent one of them is torrent power that is in focus the company has signed four mous

02:54 with the government of gujarat we have him on standing by to bring us more details on on that

02:59 himansh tell us a little bit about this mou what kind of uh what's the quantum of uh spends that

03:07 they are kind of looking for in the within the state of gujarat thanks britty uh so torrent

03:13 power has signed uh four mous with the government of gujarat ahead of the summit that's uh coming

03:19 ahead and this is for an aggregate total of about 47 500 crores and it's across uh the investment

03:26 plan encompasses your investment in renewable energy green hydrogen and power distribution

03:32 if one were to break down the 47 500 crore rupees it would go towards 3450 megawatts of solar power

03:39 projects 1000 odd megawatts of hybrid power projects and then associated infrastructure

03:44 and capex for about 7 000 megawatts of solar projects the company has an installed capacity

03:51 installed generation capacity of about 4 300 megawatts and its capacity under development

03:57 is about 1000 megawatts odd so this is three times that size which is significant and you're

04:04 seeing the stock you know gain about 13 odd percent and it's also up on volumes about 16

04:09 times their 30 day averages now what are the two key tailwinds ahead for this company firstly

04:14 increased contribution from the license uh distribution business and secondly the higher

04:18 contribution from the renewable business that they're largely expanding on right uh thanks so

04:25 much for that update uh you know torrent power flying away in trade nine percent higher on the

04:30 back of that piece of news but uh we are now joined by uh boman rustom irani who's the cmd at

04:38 keystone realtors and the president of credi to try and break down as to what exactly is happening

04:44 in the real estate space it's a buzz today uh good afternoon sir i am har side with me is smriti and

04:51 you know uh we'll try and uh break this down for our viewers better uh so sir talk to us about what

04:56 are the trends that are playing out in the real estate space because this space is absolutely a

05:02 buzz despite the fact that rates have gone up we are at a peak in terms of rates and uh you know

05:10 real estate is a key rate sensitive right so despite that we've seen a very strong both on

05:16 the commercial as well as residential demand uh coming in across the country it's secular

05:22 thank you harsh thank you smriti uh first of all uh happy new year and uh may 2024 continue to be

05:30 in the same stream that 2023 was uh especially for real estate sure especially for real estate

05:36 we've had a very good run in 2023 we believe that the consumer has realized that the prices that have

05:42 you know not significantly gone up means that the developers are holding the prices as of right now

05:48 the only price being passed on to the consumer is more to do with the inflationary inflationary

05:53 pressure and the you know materials cost and services costs that have gone up we are aware

05:58 that the compliances have also kind of improved and increased and all these while they're extremely

06:03 good for the consumer at the same point of time there's a cost increase also on their account

06:08 uh but what is driving the real estate uh business i can be i can tell you it is nothing to do with

06:13 only real estate it's got to do with the feel-good factor that is there across the across industries

06:18 like you just mentioned uh you know earlier in your report uh about thorn farm i'm so happy to

06:23 hear about their you know uh their their mou signing which is again going to need let's say

06:28 more uh people to come on the ground and set up base maybe more commercial spaces um there is a

06:35 growth overall whether it is cities or even tier one tier two towns uh you know credi had had a

06:41 report drawn up with liz's forest in which we predicted the nine new towns that are going to be

06:47 um going to be the the places where investment will see a huge growth indoor and kochi feature

06:52 in them uh so as of right now india is itself a bus and on fire and i think real estate happens

06:59 to touch every stream of your life and towards that uh our development fraternity which has

07:04 become a lot more organized than it was at least 10 years back is reaping the is reaping the benefits

07:11 on the back of a strong demand that has grown and another thing you know which i'd like to mention

07:16 for everybody is that about 1.5 crores is is uh considered as a luxury uh luxury homes or premium

07:24 homes across the country uh but one should be a little comfortable in knowing that 1.5 crores

07:30 in a mumbai or even a delhi or a bangalore or chennai does not make it a premium housing but

07:35 the sale of this segment is extremely huge and as far as the premium what we consider premium 10

07:41 crore plus homes have also seen a huge increase and i can talk about mmr alone we've seen about

07:47 1 27 985 so about 1 28 000 registrations take place in which i can tell you that uh the affordable

07:56 housing and the mid-mass which is the i would say one to three crore homes have seen the largest

08:01 part of the pie but what has happened with that is uh because the commercial uh because of the

08:08 premium houses having a higher ticket value they continue to steal the limelight right uh good

08:14 afternoon mr irani smriti this side and uh as you talked about the premium segment i'd like to

08:20 understand a couple of things within this segment now as you mentioned the demand uh has been on a

08:26 high but so has supply and there seems to be an increase in unsold inventory as well so what kind

08:33 of uh trajectory do you see going forward do you see kind of moderating a little bit uh how do you

08:40 see this playing out oh smithy uh first of all you know when when markets improve you have everybody

08:48 chipping in everybody stepping in everybody wanting to kind of have a piece of that pie

08:52 uh my assumption is when you say supply has increased it is more important to say good

08:58 supply should increase right because the customer has become extremely discerning as of right now

09:02 so in spite of uh all all the stock that you will see coming in the market i don't think all of it

09:07 is going to be something that uh my consumer is going to love consumer has become extremely uh

09:13 selective with what exactly he wants to buy and i can tell you in the premium segment

09:18 people are preferring gated communities where there is a lot more safety security

09:22 community developments where there is a lot more of uh you know connectivity with your with your

09:27 fraternity or with your the people living in your complex then of course people are seeing the

09:31 amenities people are seeing the reputation of the developer people are seeing what kind of long-term

09:36 uh i mean good titles are are available at the same point of time locational advantage with regards

09:42 to the infrastructure that is coming up in the area and again over here uh we are blessed in

09:47 the mmr that about three lakh crores has been expended or is being expended uh by the government

09:52 of maharashtra for impro improvisation of the uh infrastructure out here but i should say you know

09:58 quite uh quite uh clearly that the government as of right now is driving uh the economy in a large

10:07 way by spending heavily on infrastructure whether it be the uh you know delhi mumbai uh highway

10:13 whether it be the bullet train itself uh whether it be the ports that are coming up all these points

10:19 are going to become infrastructure uh i mean all these points are going to become huge places where

10:24 a lot of development will take place and these developments will not only be residential they'll

10:28 be commercial they'll be warehouses there'll be data centers there'll be senior living which is

10:32 again becoming a very big play uh there will also be uh student housing hostels that get created

10:38 outside of campuses because we're seeing a lot more people prefer that so while we at predi are

10:44 continuing to carry out studies uh so that our members uh tend to benefit from that development

10:49 i can just tell you in a nutshell that uh given the uh you know pace that we are seeing of the

10:54 change we are very hopeful that 24 will outgun 2023 and we will have a steady supply of good

11:01 inventory coming up in the market which uh you know your point about uh even the unsold inventory

11:07 it is probably the lowest in 15 years as a right right uh and uh you know to try and understand

11:13 or break this down a little bit better you spoke about the mmr region you spoke about infrastructure

11:18 development what are the kind of shifts in pricing that you are expecting on the back of that because

11:24 you know you have a city like bombay where uh you have a whole hog of infrastructure development

11:31 happening uh you know including uh the ceiling being extended uh etc and once all of those

11:38 uh infrastructure uh starts to come on par does that really mean that some of the suburbs

11:45 will see better demand uh trends and because your view and because rustom j has such a large presence

11:52 in bombay uh maybe you're the best person to ask this question too uh so will you see a shift in

11:58 pricing trends uh especially in certain geographies you know i i don't like i don't like prices just

12:04 rising uh abnormally and i'm glad that our developer fraternity has kept that in check

12:08 because when this happens it usually works out like a blip and you know then things come back

12:12 to a descent and it's not very very good for the developers uh but i can tell you this how contrail

12:17 your belief that the suburbs will benefit i think with the coming of the and pardon me city folk i

12:24 think the solo is actually going to benefit a lot more uh because uh if you see the shift of

12:29 development of residential that took place while uh you know lower parail became a husbust for

12:34 commercial activity a lot of people started living more towards uh bandra and uh you know those

12:39 locations where they found a lot more community developments going on there weren't any good

12:43 developments coming up in the city but now with the infrastructure growth and with the connectivity

12:48 to uh of the worldy ceiling getting extended all the way to the city i think what will happen

12:53 actually is that uh the hubs which are in town which were not being developed for a long period

12:59 of time are seeing a spurt of development and i think uh this will benefit uh those parts of the

13:05 city a lot more uh but yes you're right with the coming of infrastructure what we saw when the

13:10 andheri ghatkopar metro rail had started it wasn't that ghatkopar suddenly took the prices up it was

13:16 that both both areas andheri and ghatkopar were given a much more stable market to be in and a

13:21 preferred market to be in and that is by buying velocity that happened at both the ends and

13:26 everything that was along the way actually improved i think this city has got tremendous potential uh

13:32 mumbai uh is blessed with a coastline like no other city uh we should explore every avenue we've

13:38 got 150 year history we've got some of the best infrastructure whether it be electricity water

13:43 uh whether it just be the roads even today i would say that you know after traveling the rest of the

13:46 country uh of course as of right now because the infrastructure work going on there is a little bit

13:52 of a traffic jam but think of it three years hence when all these bridges are completed when all these

13:56 metro rails are completed you're going to have a fantastic time in the city something like the

14:00 mthl will just take off so much pressure from uh the mangkut area or the chembur area for people

14:05 who are traveling towards pune so all these things make me extremely hopeful about the entire

14:10 development of the city and uh we at rustamji are definitely uh uh you know taking all the right

14:17 steps to make sure that we are present in those where infrastructure spend is taking place where

14:22 infrastructure uh dividends will be uh seen in time to come and making our presence felt in those

14:27 areas and towards that we are also moving into the sobo area right uh let's uh you're talking so

14:33 much about demand let's talk about the ancillary sectors that may also see an uptick because of

14:39 this so maybe uh pipes paints and cement sector how do you see that uh this side this side of

14:47 real estate the ancillary sectors kind of uh playing out in the in next couple of quarters

14:54 i can say this to you quite clearly that cement and steel have been rocking it because of the fact

14:58 that you know infrastructure spend is so high and every every of those uh projects definitely

15:04 require steel and cement both right uh with regards to the other ancillaries whether it

15:08 is sanitary wear or whether it is electrical fittings or whether it is you know just doors

15:12 windows glass every one of those industries are benefiting and i mean you can see some of the new

15:18 listed entities that have come into the market as of right now they're all skyrocketing on the

15:22 on the back of this not only that i think you know green energy has started to play a very

15:26 important role in all our developments sustainable development has become the buzzword and has become

15:31 the mandate and we are very happy for it uh with the government as well and this also means that

15:38 a lot of new technologies are coming into play and all of these companies are doing extremely well

15:43 i can tell you we spend about 20 percent of our time personally in this office other than my

15:47 entire team uh to look at what is the next uh you know best we can do to make our homes more green

15:54 more sustainable and when i say sustainable you know people should get this right buying the

15:59 sustainable home might be a little more costly today but over the long run it will lead to a

16:04 huge benefit because your every uh your your of exhaust will come down tremendously and over time

16:11 it will well worth pay for itself more than that just having the pride of you know living in a in

16:15 a carbon neutral home which is again a credit initiative uh that we plan to achieve by 2050

16:20 and towards that you know one lakh homes have gotten signed or are in the process of getting

16:24 signed uh across various parts of the country we are also uh i think i'll be prematurely announcing

16:30 it but we're taking a lot more uh measures to be announced on the seventh in in varanasi where we

16:36 have a major uh conference where we are talking about all of these things as to how our industry

16:41 is going to become a carbon neutral and be as a matter of fact add to the flora fauna of our

16:47 country uh overall again i can say that all these industries that are in the new tech businesses

16:51 whether it's security whether it's uh car parking systems whether it is uh you know electrical

16:56 fittings that that that uh you know are power saving whether it is sanitary fitments that kind

17:01 of save us uh water all of these uh are going to just fly off uh and i if i were an investor

17:08 and in terms of investing in all of these right and uh so you know i'd like to cover a couple of

17:14 business uh you know which have been left out one is on the commercial real estate side uh

17:20 we've seen a large pickup in commercial real estate as well uh of course residential has

17:27 been doing quite well over the last couple of years but commercial has seen a bit of a pickup

17:30 across geographies uh so could you tell us uh what's happening on that count uh why do you

17:37 see such a large pickup and second is both commercial and residential is the entire real

17:42 estate space a secular trend now uh is it a multi-year a kind of an upcycle uh and will

17:49 balance sheets uh of specific players as well as the industry as a whole look very different

17:54 at the end of the next three to four years you're asking me to take a crystal ball and tell you

17:59 everything about real estate that's going to be difficult for anyone to do let alone me

18:03 but i'll try and touch upon your first point commercial real estate has become a very important

18:07 mainstay for most of the larger developers it isn't like there was not a demand for commercial

18:12 real estate there always was but there weren't the size of developments that we are seeing

18:16 nowadays taking place right uh and when you look at how commercial real estate used to get funded

18:21 earlier it used to come out of only debt and a developer today with a lot of developers having

18:25 the advantage of reaching out to reads and being able to kind of plan uh you know at least the

18:30 long term as to the outcome of what their projects are going to be it looks much uh easier and rosier

18:36 and we've had this uh request with with uh the various agencies over time that there should be

18:42 somehow a fractionalization of real estate the day that happens uh harshness 50 i can tell you very

18:47 clearly uh when that becomes mainstay when that comes to you know uh when every developer is able

18:53 to kind of reach out and fractionalize his real estate you will see a further growth because

18:58 real estate has been at the core of every indian's investment portfolio as a matter of fact historically

19:04 60 percent of indian wealth is created out of real estate and this alone uh makes it one of the best

19:11 and you know they say it's the only real real investment everything else is just uh in a way

19:16 you know a paper or a graph uh but i i think uh i would encourage investors to look at look at

19:23 the changing trends and be able to invest uh differently if not directly into real estate

19:29 as to buy the entire thing go into the fraction fractionalization real estate and then pick up

19:34 uh stake out there you know invest in uh invest in uh reads at the same point of time you know the

19:41 i'm very happy to see the kind of developments that are taking place on the commercial front

19:45 because it is commercial development that actually drives real estate and not the other way around

19:50 and with the number of companies that are looking at setting up base in india again this is

19:53 geopolitical factors worldwide it is leading to a huge demand and we are seeing certain states are

19:59 taking a march over the rest and uh this only speaks very highly of the administration of those

20:04 states and the way they are going about running for business and actually taking business so it's

20:09 actually become like a uh how do i say the state heads have started becoming business heads uh by

20:14 themselves and are looking at the long-term benefit of their state and are offering stops for people

20:18 to come and set up base out here maharashtra again is blessed to start seeing a lot of activity up is

20:22 seeing a whole host of new developments i can tell you recently what i saw for tamil nadu is also

20:28 great um telangana has has been a state that has been extremely uh you know strong and has been

20:34 doing a lot of good work uh surprisingly not surprising me quite quite uh this when i went to

20:39 uh west bengal i saw the kind of developments out there and i was pretty pleased um of seeing you

20:44 know a government that is absolutely interested in in making sure that they continue to be a part

20:49 or a relevant part uh on in the minds of the business people by the kind of schemes that they

20:54 have floated and uh making real estate a reality for for them right thank you so much mr rani for

21:01 being so comprehensive with us and uh sharing all your insights with us it was a pleasure having you

21:06 on the show once again all the best to all your viewers thank you very very much thank you now

21:11 let's take a break for now but do stay tuned we'll tell you about the only nifty 50 constituent to

21:16 gain over 100 percent in 2023 but all of this after the break

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23:53 welcome back you're watching market iq on ndt profit as promised the only constituent of the

24:00 nifty 50 to double in 2023 and it's tata motors a growing share in the electric vehicle space

24:08 strong product portfolio and the top pick for brokerages across the board uh by now of course

24:15 we've spoken about it tata motors is that name uh and it's had a stellar year in 2023

24:23 so uh to tell us more about all that's happening uh in tata motors as and what we can expect also

24:29 going forward himansh is joining us with all of those details thanks harsh uh so tata motors like

24:36 you mentioned the sole nifty 50 entity to return over a hundred percent returns in 2023 now the

24:43 stock is currently trading near its life high levels and if you take a look back i mean the

24:49 stock has delivered multi-fold returns in several years it's uh while it was up two times in 2023

24:55 it was up 2.6 times in 2021 five times returns in calendar year 2009 and 2003 it was up 2.3 times

25:03 now what's been working for tata motors is really its pv portfolio the passenger vehicle portfolio

25:09 which continues to report record sales now it's also capitalizing on the suv trend where in fi23

25:15 you saw 66 percent of its sales coming in just from the suv segment the ev which is a game

25:21 changer for this company and tata motors continue to hold its market leadership while it has been

25:27 eroding over time given the competitive intensity in this space it still maintains leadership with

25:33 with very robust models second is a consecutive year of surpassing half a million in passenger

25:39 vehicle sales and lastly it's on track to become a zero debt company and its debt servicing plans

25:45 are all going really well and credit rating agencies have also attested to that if we take

25:50 a look at the multibaggers pv portfolio you see the likes of altros tigor tiago nixon punch and

25:56 harrier whereas its ev portfolio comprises the likes of nexon ev tigor ev tiago ev and so on

26:02 the upcoming models in the ev portfolio this year are the likes of harrier ev and the curve ev now

26:08 the notable one is a curve launch which is going to be built from the ground up keeping the ev

26:13 model in mind whereas the previous models were all retrofitted uh to ice models to you know

26:20 present a ev model here but i curve ev is something definitely to watch out for then you

26:25 have ev contribution in terms of volumes you're seeing incremental additions of the ev to the

26:32 tata motors overall portfolio whereas in fi21 ev comprised of only two percent of its portfolio

26:38 in fi24 as of fi23 in fact it's about 30 naught percent so which is very significant in terms of

26:44 volumes you're seeing volumes jump up nearly 10 times from 4000 levels to about 32000

26:49 so about an 8 to 10 times jump that you're anticipating this year in terms of recent

26:54 issuer ratings on the back of its debt servicing plans you see on november 9 moody's upgraded the

26:59 ratings for this company to ba3 and the outlook continues to remain positive whereas s&p upgraded

27:05 the rating to bb plus which is positive so lots to watch out for in terms of its debt servicing

27:11 plans as well as its av launches coming up and tata tata motors like you mentioned continues

27:16 to remain a preferred pick amongst the pack right thank you so much himanj for that and that's all

27:22 that we have on market iq today but a lot more lots more coming up on ndtv profits stay tuned

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29:56 hi welcome this is ndtv profit and i'm alex matthew you're watching the mutual fund show

30:08 this is where we get you actionable insight to help you make the right financial decisions

30:13 now we've spoken about passive investing often on this program but today we're talking about

30:19 passive investing with a twist and the focus is going to be on a particular strategy that has

30:24 beaten the benchmark quite comfortably over the course of last year and indeed several times over

30:31 the course of the last three years now this is only one strategy remember so first we're going

30:36 to focus on what this twist in passive investing is all about and to tell you about that i'm joined

30:43 by chintan haria principal investment strategy at icsf prudential amc chintan thanks as always for

30:51 taking the time and for speaking to us on ndtv profit alex it's a pleasure to speak to ndtv

30:57 profit and in its new author and wishing all the viewers a very happy 2024 wish wish you and your

31:03 team and your family a very very happy 2024 now let me start by asking you what factor based

31:11 investing because that essentially is what this is all about of course it's been called various

31:15 things but ultimately it is it takes that plain vanilla passive strategy approach and it twists

31:23 it a little bit so how would you describe it yes so essentially uh investors are well aware of active

31:29 funds where the fund managers are choosing stocks on the basis of certain strategies someone may be

31:34 value someone may be growth someone has a quality tilt and in the last five six years the passive

31:39 funds as you mentioned have also grown traditionally passive funds were on the basis of market

31:45 capitalization so you had large cap passive funds mid-cap passive funds small cap passive funds

31:50 now in between the market capitalization based passive funds and the active funds globally

Market IQ | Nifty Realty Crosses 15-Year High | NDTV Profit

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