Budget 2023: Right Time For Millenials To Back Themselves With Equity Research

Post Union Budget 2023, we have seen volatility at its peak. People are surrounded by stock rumours, speculative calls and unsolicitedadvice.For young millennials it is a time to proceed with caution in order to build a portfolio that outperforms.

Research based advice could be the best way forward

Millennials are hard-pressed for time and research into stocks may not be a priority. However, equity research is a critical layer and could make or break a portfolio. Equity Research analysts use their expertise in analyzing stocks, thus providing earnings and valuation estimates that help in creating a robust portfolio. In some ways equity research helps to bridge inefficiencies, created through over or undervaluation of stocks.

Broking firm Motilal Oswal, through its advisory, backed by equity research, could help building an outperforming stock portfolio.

Budget can have a cascading impact on portfolios

The most critical time for investors is the post budget era, wherein budgetary recommendations can even make the most brilliantinvestor feel miserable. For young investors who have limited time, it is imperative to seek professional help to decipher budgetary recommendations on individual stocks.

Motilal Oswal has created an unparalleled equity research desk with seasoned and qualified analysts. The brand has a proven track record of over 35-years in research based stock recommendations and they have beenbeen covering budget and its impact for several years now.

Blending equity research with Phygital

The brokerage has blended all of its research backed advise with its highly soughtafter "Phygital" approach, where it provides a combination of physical and digital. The brokerage has released a series of digital equity research reports enabling investors to take strategic "buy" and "sell" calls. This has been swift, as time is always of essence, especially after key events like the Budget. For a deeper understanding of investor needs, problem resolutions and the like, physical assistance has always been ever-present at Motilal Oswal.

To conclude, decision making on stocks can be a difficult task but it could be simplified by partnering with research led full service broker like Motilal Oswal, where advice to invest is free of cost and all you do is pay minimum brokerage.