Chat Transcript

| 27 Feb 2013 - 17:00hrshrs

What's the outlook for the market?


Gaurav Dua | Head Research

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monikdharamshi: Hi Gaurav... pls. suggest your quality picks with a view of 1 year..it could be large / mid / small cap...
Gaurav Dua: large - icici bank, zee, L&T; mid-caps we like mcleod russel, united phos, cadila healthcare, SPIC and lakshmi energy
Gaurav Dua: Yes bank, sun pharma and cmc are good quality companies with secular growth story
monikdharamshi: Hi !! Need your view on following stocks... tide water, balmer lawrie, ptc india, rural electrification, andhra bank, sterlite technology , idfc,
Gaurav Dua: we have positive view on PTC india
777.com: hi sir, can i buy welspun corp at this level? will it bounce back again to 80 level?
Gaurav Dua: we would avoid it
g_gumber: Hi, Is right time to enter in market on.Shold we expect for another 5-6 percent decline in market in near term ???
Gaurav Dua: we beleive that investors should accumulate in a systematic way for the next couple of months with investment time horizon of 2-3 years to make good returns.
VINAYKM: Hello Sir, Your views 3 years view on Tata Global and Titan.
Gaurav Dua: we have a positive view on the two stocks with 3 year investment time frame
monikdharamshi: what is the sharekhan call on nifty & sensex for the year 2013-14 ?? I mean target ??
Gaurav Dua: we beleive that the upside in the benchmark indices would be around 12-14% in 2013 which is in line with growth in corporate earnings. We do not anticipate any re-rating of PE multiples from here in the near term
mani5556: Sir What is your advice on Emco for a short term ?
Gaurav Dua: Transformers secor as a whole is suffering from over capacity, volatility in raw material prices and slowdown in investment cycle. Avoid.
ritabindra5: sir also ur view on chola fin have been holding for past few years.
Gaurav Dua: we prefer capital first and canfin homes in the NBFC space.
balaji_syamala: Hi Gaurav: Considering the weakness from Europe and tall order of growth as suggested in the Economic Survey, do you foresee Nifty reaching the dream figure of 7K this year? This was projected many analysts during the end of 2012.
Gaurav Dua: yes, we see nifty in range of 6500-7000 by the end of the year.
manishnandal: Hi need your review on following stocks Sun pharma, Grasim, TCS , Tata Steel and Axis ?? Pls answer
Gaurav Dua: we have buy call on sun pharma and grasim. TCS and axis bank look fairly priced. we are not bullish on metals.
VINAYKM: Sir, Is it a good idea to continue to invest systematically in FMCG companies such as Nestle and P&G at the current levels?
Gaurav Dua: they are good companies but trading at extremely rich valuations. we prefer ITC and britania among large FMCG companies.
monikdharamshi: Hi !! You suggest PTC INDIA ?? what price to enter & target ??
Gaurav Dua: we have target price of Rs88 on the stock.
monikdharamshi: Hi !! Can u suggest some multibaggers or convictions picks from sharekhan... unknown name but best mgmt & transparency>>
Gaurav Dua: among small cap potential multibagger we like selan exploration, Anil Limited, lakshmi energy and SPIC
goje: Sir, i Have 60 shares of L&T @ 1575. What its its target for next 6 months?
Gaurav Dua: we suggest you accumulate at current levels and wait for target of 1750
jvkalyan1: Hello sir, Can you tell me how Sun TV will perform in coming days? since i shorted it arround 422.5 in march futures. i`m very naive pls answer me sir.
Gaurav Dua: we do not suggest shorting sun TV and zee as they are among key beneficiaires of digitisation
goje: Sir, what should be the entry level for Tata Steel and Axis Bank?
Gaurav Dua: we prefer ICICI bank and yes bank to axis bank.
sujatapathak198: hi gourav, what you suggest for infra and power sectors
Gaurav Dua: in power we like players like CSEC and torrent power who have operating assets and distribution network. among infra L&T is frontline pick and among mid caps we like ILFS transportation and gayatri projects
goje: Sir, I have 12 shares of Yes Bank @ 318. What should I do?
Gaurav Dua: hold
saha_gaurav: wats your take on MCX and Finacial Technologies ??
Gaurav Dua: prefer mcx to fin tech
goje: Sir, I have 50 shares of Biocon @ 282. What should I do?
Gaurav Dua: hold
saha_gaurav: What is your advice on JP Infratech and Delta Corp ??
Gaurav Dua: we prefer JP infratech. delta corp is more of a momentum stock with high speculative interest.
VINAYKM: Sir, your views on Asian Paints and Foseco India for long term term (5 years)
Gaurav Dua: hold asian paints. do not have view on foseco india
navdeep15: what do you think about aban offshore
Gaurav Dua: it has serious debt problem with asset under utilised; avoid