Sensex target at 19,300 for 2012: HSBC Securities

Jitendra Sriram, HSBC Securities said they had a Sensex target of 19,300 by year end, indicating an upside of 14%.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead Masteryourmoney Earnings
moneycontrol.com

Home » News » Markets » MARKET OUTLOOK

May 10, 2012, 08.47 AM | Source: CNBC-TV18

Sensex target at 19,300 for 2012: HSBC Securities

Jitendra Sriram, HSBC Securities said they had a Sensex target of 19,300 by year end, indicating an upside of 14%.

Like this story, share it with millions of investors on M3

Sensex target at 19,300 for 2012: HSBC Securities

Jitendra Sriram, HSBC Securities said they had a Sensex target of 19,300 by year end, indicating an upside of 14%.

Post Your Comments

Share Cancel

Jitendra Sriram (more)

MD & Head of Research, HSBC India | Capital Expertise: Equity - Fundamental

Here are experts equity calls for the day on how the markets are expected to trade:

Jitendra Sriram, HSBC Securities: The trend of foreign investors buying Indian companies has been seen across sectors especially IT and consumption, with telecom the only sector seeing net selling. We reiterate our Overweight stance on Indian stocks in the Asian context. We have a Sensex target of 19,300 by year end, indicating an upside of 14%.

Sanjeev Prasad, Kotak Institutional Equities: While GAAR is been deferred, India still needs to do a lot more to retain the faith of domestic and overseas equity investors. We continue to advocate a defensive stance and are Overweight consumers, pharmaceuticals and technology sectors that have earnings resilience and a positive leverage to a weakening rupee. We have removed Sun Pharma from our top-8 ideas and replaced it with Power Grid.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Sensex target at 19,300 for 2012: HSBC Securities

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login