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Nifty Touches 4850; Banks

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Sensex pares losses despite rupee at record low of 55.99/$
May 23, 2012 at 12:40 | Source: Moneycontrol.com
The BSE Sensex and NSE Nifty trimmed somewhat losses in afternoon trade due to buying interest in banks and capital goods, even after the Indian rupee touched a record low of 55.99 a dollar (down 60 paise or 1% from previous close).
Avoid buying Tata Power at current level, says Harchekar
May 22, 2012 at 15:15 | Source: CNBC-TV18
Tata power is expected to touch Rs 87 level, so avoid buying at current levels, says Amit Harchekar, IIFL.
Sensex, Nifty erase gains; rupee touches 55.06/USD
May 22, 2012 at 13:17 | Source: Moneycontrol.com
The BSE Sensex and NSE Nifty shed all gains in afternoon trade due to fall in index heavyweights L&T, Reliance Industries and SBI. Infosys, ITC and HDFC Bank too were under pressure.
See Nifty touching 5000-5050 soon: Sudarshan Sukhani
May 22, 2012 at 08:32 | Source: CNBC-TV18
In an interview to CNBC-TV18, Sudarshan Sukhani of s2analytics.com said, Nifty is likely to retrace some of its losses and rise higher. According to him, the first logical target for Nifty is 5,000-5,050 and it should reach those levels in a day or two.
Avoid stocks that correct 50%; bullish on YES Bank: Tulsian
May 12, 2012 at 11:27 | Source: CNBC-TV18
SP Tulsian of sptulsian.com advices investors to avoid buying stocks that correct by 50% in less than in a month. Speaking on CNBC-TV18s special show Investor Camp Tulsian said, one should not plunge into such stocks on the hopes that it will again recover and touch old levels.
F&O strategy: Opt for weaker PSU banks now, says VK Sharma
May 11, 2012 at 09:18 | Source: CNBC-TV18
In an interview to CNBC-TV18 VK Sharma pointed out that the market took longer time to touch 5,629 from a level of 4,550 and has still not retraced even 60% of that rise. "This gives you some confidence that the market is still in a mood to look at selectively and is not in any mood to hurry," he said.

Videos »
Avoid buying Tata Power at current level, says Harchekar
See Nifty touching 5000-5050 soon: Sudarshan Sukhani
Avoid stocks that correct 50%; bullish on YES Bank: Tulsian
F&O strategy: Opt for weaker PSU banks now, says VK Sharma
Be watchful around 4850-4960 levels, says IIFL's Anu Jain
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