Feb 23, 2013, 05.45 PM | Source: CNBC-TV18
Gautam Sinha Roy of Motilal Oswal Securities advised taking long call on NTPC and Power Grid. He feels these stocks could be benefited from the Budget.
Gautam Sinha Roy (more)
VP-Equity Strategy & Product, | Capital Expertise: Equity - Fundamental
Sinha Roy told CNBC-TV18, “If you look at from overall perspective then it is best to stick to high quality defensive names given the volatility that we are seeing in market currently. Not only India but global markets across asset classes we are seeing a lot of volatility. That gives me the cue that we should stick to quality at this time.”
He further said, “Speaking about the Budget, we should have some expectations around positive cues for the power sector. If you look at that sector it has been a beaten sector and we have couple of good quality names like NTPC and Power Grid, which we are positive on. So, if one has to take a bet then those are the two names one can take a long call on.”
“I think NTPC and Power Grid are stocks that could be benefited from the Budget. I am speaking from Budget perspective,” Sinha Roy added.
Coal & Power Minister Piyush Goyal says the minist
The national capital was staring at an impending p
NTPC Ltd has informed BSE that a meeting of the Bo
According to the statement, the Rs 1,600 crore ord
Government's directive to use recycled sewage wate
We like Bharti Infratel for expected mobile data u
On CNBC-TV18's show Super Six, market gurus Vishal
Union Bank of India | ONGC | BHEL | Akzo Noble | F