CNBC-TV18’s managing editor Udayan Mukherjee finds that if there are any free falls on the ADAG stock, it is likely to be no more than sentiment than anything else.
Akash Prakash of Amansa Capital is expecting more downside from the current levels. In an interview to CNBC-TV18, he said that there might be short-term bounce due to oversold nature. According to him, the market is likely to see another 5-10% correction.
Stephen Roach of Morgan Stanley sees a lot of froth in the emerging markets (EMs) now.
The benchmark Nifty started the session on a flat note and was consolidating at Friday's closing value as it witnessed drastic sell-off in previous few sessions.
Ashish Chugh, Investment Analyst & Author, Hidden Gems is bullish on Cosmo Films.
The Indian rupee opened at 45.43 per dollar versus 45.36 Friday.
Udayan Mukherjee, Managing Editor, CNBC-TV18 says that all those levels have come and gone and now you clinked to other levels like the 200 DMAand figure out where this market going to stop falling.
As per stars oil marketing companies may see upward movement, says Ajay Jain of astromoneyguru.
Ganesha advises you to compare the next prediction with the prediction of the previous time slot.
The sentiment in the bond market continues to be negative amid tight liquidity and bleak inflation outlook. The yields have firmed up on rate hike expectation in the forthcoming monetary policy on January 25. The 10-year yield is seen between 8.18- 8.23%, says Suresh Prabhu, Money Market Analyst.
The rupee is likely to remain under pressure on expectations that domestic equity markets may continue to be weak, says Subramaniam Sharma, Greenback Forex.
Market cues: FIIs net sell USD 25 million in the cash market on Jan 13.
AT 7: 58 am (IST), Asian markets were trading mixed. China's Shanghai Composite was down 0.82% or 22.78 points at 2,768.57. Hong Kong's Hang Seng was down 0.12% or 28.20 points at 24,255.03. Japan's Nikkei was up 0.36% or 37.70 points at 10,536.74. Singapore's Straits Times was flat at 3,245.85.
We reiterate our positive view on emerging markets for 2011 with our year-end target on the MSCI GEM Index at 1,500, a gain of around 30%., says Geoffrey Dennis of Citigroup.
FIIs were net buyers of Rs 208 crore in Index Futures, net buyers of Rs 950 crore in Index Options and net buyers of Rs 207 crore in Stock Futures.
CRB Commodity Index ended flat on Friday; was up by 2.8% for the week. US macro data was mixed and China raised banks' reserve requirement ratio by 50 bps again.
The Dow Jones Industrial Average ended up 55.5 points at 11787. The Nasdaq Composite was up 20 points at 2755 and S&P 500 Index rose 9.5 points at 1293.
Brewery / distillery sector would be getting astrological support & buy United Spirit, Jagatjit Industries & Globus on decline, says Satish Gupta of astrostocktips.
In a CNBC-TV18’s special show RD360- Money Making Maxims, Ramesh Damani, Member of BSE discusses the life and sayings of Benjamin Graham with two finest fundamental analysts and practitioners of Graham’s way of investing, Sanjoy Bhattacharya of Fortuna Capital and Chetan Parikh of Jeetay Investments.
Wall St Week Ahead: Investors crave more strong bank results
An improving global economy, solid corporate earnings and even easing fears about euro zone debt have been more than enough to rationalise the rising hunger for riskier assets now prevalent on financial markets.
The S&P 500 ended a seventh straight week of gains with a banks-led rally amid healthy volume after encouraging financial results from JPMorgan.
In an interview with CNBC-TV18, Sandeep Parekh, founder of Finsec Law Advisors and also Former ED of SEBI, and SP Tulsian of sptulsian.com gave their perspectives on SEBI’s consent order.
It was a terrible end to a terrible week with the Nifty losing 4% this week, as another very volatile session awaited the market today. By the end of the day the Nifty was off the day’s high by close to 100 points at 5654
In an exclusive interview with CNBC-TV18, R Sreeshankar Senior, Vice President and Head Institution Equity at Tata Securities, says that he sees IT as a good defensive bet. “It is not expected to see the rupee strengthening and hence, it is good for the IT sector,” he says.