Jul 16, 2014 at 09:52 | Source: Moneycontrol.com
Kotak Securities feels that interest rates will move lower to 9.25 percent for ticket sizes of upto Rs 50 lakh and cost of funding for developers will also come down. "It is a huge encouragement for the housing sector. It will help more money come into the system," says Keki Mistry, HDFC, CEO.
Jul 16, 2014 at 09:19 | Source: CNBC-TV18
Given the weak monsoon and its impact on inflation, it is unlikely for the Reserve Bank of India (RBI) to give support in form of interest rate easing soon, Sanjeev Prasad, senior executive director & co-head, Kotak Institutional said.
Jul 15, 2014 at 12:59 | Source: CNBC-TV18
Santosh Singh, BFSI analyst at Espirito Santo Securities says he likes NBFCs that are focused on the housing sector like HDFC and LIC Housing Finance.
Jul 11, 2014 at 08:59 | Source: Moneycontrol.com
JP Morgan says Budget strikes a middle path between fiscal consolidation and promoting medium-term growth. The fiscal deficit target remains at 4.1 percent without taking recourse to large asset sales.
Jul 10, 2014 at 15:34 | Source: Moneycontrol.com
For Mutual Fund sector, the change in long term capital gain will impact negatively and the support available to bring first time investors towards equity/debt investments will get severely compromised when compared to bank deposits. The additional exemption under 80C will provide a limited window for tax exemption eligible mutual fund schemes.
Jul 08, 2014 at 12:35 | Source: CNBC-TV18
Paras Bothra of Ashika Stock Broking is of the view that one may buy Max India with a target of Rs 350 and Alstom T&D with a target of Rs 400.
Jul 08, 2014 at 09:00 | Source: CNBC-TV18
Saurabh Mukherjea of Ambit Capital is expecting some announcement on the Eastern Freight Corridor in todays Rail Budget. He feels the government is unlikely to be able to do much in this fiscal, even though the market has high expectations.
Jul 08, 2014 at 08:51 | Source: CNBC-TV18
Kunal Saraogi, Equityrush advises buying Adani Power for a target price of Rs 68 and Jain Irrigation for a target price of Rs 135.
Jul 07, 2014 at 10:55 | Source: CNBC-TV18
The market should not be hoping for major tax cuts in the upcoming Budget, even as Ridham Desai of Morgan Stanley said that India was in the midst of a big macro trade.
Jul 07, 2014 at 09:48 | Source: Moneycontrol.com
According to Satish Gupta of astrostocktips.in, auto ancillery sector will continue getting strong astrological support and advises buying Exide Industries, Premier, Motherson Sumi, Bharat Forge and Talbros Automotive Components on decline.