Sanjiv Bhasin Executive VP-Markets & Corporate Affairs IIFL is of the view that one can buy ITC on dips.
A total 17 banks had bid to underwrite the so-called qualified institutional placement, for which SBI will pay a nominal fee of one rupee, IFR, a Thomson Reuters publication, reported.
Abhimanyu Sofat of IIFL is of the view that one may see 25 percent upside in Tata Motors DVR.
Abhimanyu Sofat of IIFL is of the view that ICICI Bank is the preferred pick from the private banking space.
There will be turbulence ahead and the Nifty is likely to retrace towards 8700, according to Amar Ambani of IIFL.
Market experts Anand Tandon, Ashwani Gujral, SP Tulsian, Mitesh Thakkar and Abhimanyu Sofat of IIFLin an interview to CNBC-TV18 shared their outlook on the market going forward.
During a period where the market is creating whipsaws within the trading band of 200 points, the current rally would gain credence only on a convincing move above 9,160. Here is a list of top five stocks to buy based on various technical parameters
In an interview to CNBC-TV18, Bhavesh Gandhi, Research Analyst at IIFL shared his readings and outlook on Idea Cellular.
In an interview to CNBC-TV18's Latha Venkatesh and Sonia Shenoy, Sanjiv Bhasin of IIFL shared his reading and outlook on the market and also gave recommendations on various stocks.
The IIFL-backed 5Paisa Capital Ltd, one of the leading online financial services provider, has said it is set to list shares on bourses in next 3-4 months.
Abhimanyu Sofat of IIFL has a bullish stance on Mahindra & Mahindra at current valuations.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Sanjiv Bhasin of IIFL shared his reading and outlook on the market and also gave recommendations on various stocks.
Sanjiv Bhasin of IIFL is of the view that Bharti Airtel is the top pick in the telecom space.
On how US President Donald Trump's protectionist policies may affect the IT and pharma stocks, Rahul Ajmera, CEO, US Office, IIFL Institutional Equities, said Trump has been in office for merely four weeks and it is too early to speculate.
India Infoline Founder and Chairman Nirmal Jain said the market looks good from a 3-5 year perspective. His optimism stems for the investor inflows into the markets. In the recent past, markets have seen domestic institutional investors become a deciding factor, he said.
Cognizant's guidance of 8-10 percent revenue growth for 2017 is a silver lining for the Indian IT sector which has been reeling under a lot of pressure, said Sanjiv Bhasin, Executive VP - Markets and Corporate Affairs, IIFL.
Sanjiv Bhasin of IIFL is of the view that Engineers India may test Rs 200 in next 6 months.
Sanjiv Bhasin of IIFL is of the view that Sun TV Network is a very good play on declines.
Here are top stock picks recommended by brokerages post Budget 2017.
Expect an increase in tax exemption limit for the salaried class and a lowering of the existing corporate tax rate to stimulate economic growth.
Sanjiv Bhasin of IIFL is of the view that one can buy IRB Infra closer to Rs 215-220.
HDFC Bank profit in third quarter grew by 15 percent to Rs 3,865.3 crore compared with Rs 3,356.84 crore in year-ago period. Net interest income increased 17.5 percent year-on-year to Rs 8,309 crore in the quarter gone by.
"NowFloats has closed series B funding of USD 10 million via Iron Pillar and IIFL (Seed Ventures Fund I and Cash Opportunities Fund), along with Blume Ventures and Omidyar Network, who had invested in series A as well," it said in a statement.
HCL Technologies, one of the largest software services providers, reported profit at Rs 2,062 crore on revenue of Rs 11,814 crore for the quarter. Its earnings matched expectations.
Abhimanyu Sofat of IIFL is of the view that one can continue to hold PVR as the stock will remain at premium valuations.