Krishna Kumar Karwa said there could be some time correction that could take place but long-term opportunities do seem to be strong for the market
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Infosys and buy Balkrishna Industries and JSW Steel.
The index took 10 sessions to bounce back from its low of 9,473.45 on 27 June to hit a fresh record high of 9,830.05 in trade today on 11 July.
Mitessh Thakkar of miteshthacker.com suggests buying Emkay Global Financial Services and Equitas Holdings.
Commenting on the MFI industry, Sinha said that the impairment risk would also impact microfinance companies. Across India, there are a lot of asset quality issues related to MFIs.
Speaking to CNBC-TV18, Krishna Kumar Karwa, MD and CEO at Emkay Global Financial Services, said pharma and IT could give relatively better returns in 12-18 months.
Idea Cellular | Maruti Suzuki | ICICI Bank | Dabur India | Dilip Buildcon | Pioneer Distilleries | IL&FS Transportation | Thyrocare | NMDC | SAIL | Emami | Bajaj Finserv | Dish TV | Dalmia Bharat Sugar | Emkay Global | Alankit | Indraprastha Medical and Motilal Oswal are stocks, which are in the news today.
Speaking to CNBC-TV18 Dhananjay Sinha, Head, Institutional Research, Economist and Strategist at Emkay Global Financial Services said that the currency replacement scheme has caused some distress.
Sun Pharma | Tata Steel | Cipla | Emkay Global | FDC | Bosch | Dhampur Sugar | Parag Milk | Narayana Hrudayalaya | IG Petro | Snowman Logistics | Jamna Auto | Caplin Point | Power Grid | Ramco Systems | UCO Bank | TBZ | Apollo Tyres and Tata Global are stocks, which are in the news today.
US GDP numbers have also come in strong. This signifies that a US Federal Reserve rate hike is definately on the cards.
Dhananjay Sinha of Emkay Global Financial Services in an interview with CNBC-TV18 spoke about stocks and sectors.
Investors are open to backing new ideas according to Emkay Global Financial Services. The investment advisory says that the rural economy needs more time to pick up and that the the acceleration in segments catering to these sectors will likely be seen in second half of fiscal year 2016-17.
Watch the interview of S Hariharan, Emkay Global Financial Services with Sonia Shenoy and Anuj Singhal on CNBC-TV18, in which he shared his shared his reading and outlook on the market.
The Emkay Confluence is aimed at assessing whether rural and urban discretionary spending has improved at the ground level and the likely future trajectory, says Dhananjay Sinha of Emkay Global Financial Services.
Shares of Allcargo Logistics surged 6.72 percent, Transport Corporation of India rose by 3.74 percent and Blue Dart Express went up by 2 percent on the BSE.
According to Dhananjay Sinha of Emkay Global Financial Services, Aurobindo Pharma is a top pick.
Dhananjay Sinha of Emkay Global Financial Services is bullish on tractors and two wheelers space.
Over the next 3-5 year period equity as an asset class is sure to outperform and give superior returns is the word coming from Krishna Kumar Karwa, Emkay Global Financial Services.
Tata Power | Torrent Pharma | SAIL | Power Grid | NALCO | Sobha | Novartis India | Mahindra and Mahindra | Maruti Suzuki | Tata Motors | Flexituff International | are stocks, which are in the news today.
The market is going through a consolidation phase in range of 7700-7900 level, says Krishna Kumar Karwa, Managing Director of Emkay Global Financial Services.
Last week, the government extended safeguard taxes on some steel products until March 2018, and in February imposed a floor price on imports to deter countries such as China from undercutting local mills, the first such move in more than 15 years.
Dhananjay Sinha - Head, Institutional Research at Emkay Global Financial Services is of the view that one can pick Asian Paints, Britannia Industries and Marico and likes YES Bank, HDFC Bank and HCL Technologies.
Emkay Global Financial Services has reported a consolidated total income from operations of Rs 24.79 crore and a net profit of Rs 2.52 crore for the quarter ended Dec '15
Larsen and Toubro | JSW Steel | IDFC | Marico | Grasim | Birla Corp | Pidilite Industries | Thermax | Jagran Prakashan | Advanta | Suzlon Energy | Jyoti Structures | Apollo Hospital | Dewan Housing | Blue Star and Aurobindo Pharma are stocks, which are in the news today.