Jai Bala of Cashthechaos.com likes Punjab National Bank with target of Rs 160 plus while Union Bank and Canara Bank can hit record lows.
Fund flows, more than anything else, is driving the market higher says Sanjay Dutt, Director at Quantum Securities. As long as flows continue, the uptrend can sustain despite stretched valuations and weak fundamentals, he says.
Jai Bala of Cashthechaos.com likes Axis Bank, Karur Vysya Bank and expects higher levels in these stocks.
Jai Bala of Cashthechaos.com has a bullish view on auto space including Maruti Suzuki with a target price of more than Rs 5800.
Jai Bala of Cashthechaos.com is of the view that one may look at Bharat Forge, State Bank of India, Maruti Suzuki and ICICI Bank.
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.
India is in a bull market despite some dips. Underlying factors, in medium-term, are positive with monsoon playing out well and government initiatives, says Nirmal Jain, Chairman of IIFL.
Nifty may see some fleeting short-term resistance, but there are no major hurdles going forward and it may touch 8700 levels soon, says Jai Bala of Cashthechaos.com.
Even as the near-term outlook for the market remains a bit hazy, the market is headed sharply higher in the medium term, says Jai Bala of cashthechaos.com.
Jai Bala of cashthechaos.com feels that Century Textiles may test Rs 650-700.
Jai Bala of cashthechaos.com feels that Axis Bank may test Rs 750.
Jai Bala of cashthechaos.com is of the view that one may pick Tata Metalliks.
In an interview CNBC-TV18, Jai Bala said that precious metal are faring well on the commodities front and silver has outperformed gold which indicates that investors are in a risk-on mode.
Aviation space is an avoid for market expert Ratnesh Kumar because on a generic basis it is tough to take a fundamental call on the sector.
Jai Bala of Cashthechaos.com feels that Maruti Suzuki may slip to Rs 3300-3400.
Jai Bala of Cashthechaos.com is of the view that one may look at Cadila Healthcare and Dishman Pharma.
Jai Bala of Cashthechaos.com feels that Reliance Industries may go above Rs 1100.
Jai Bala of Cashthechaos.com feels that HCL Technologies may move to Rs 1100.
Jai Bala of 1857 Advisors is of the view that one may prefer Karur Vysya Bank and IndusInd Bank.
The Nifty is likely to consolidate around 7225 level if the market undertone continues to remain weak, believes Jai Bala of 1857 Advisors. Bala advises that current market conditions are apt for good bargain buying in some stocks.
According to Jai Bala, Head-Technical & Cross Asset Strategy of 1857 Advisors, Chennai Petroleum Corporation is looking attractive from medium-term view.
Jai Bala, Head-Technical & Cross Asset Strategy of 1857 Advisors feels that Mahindra and Mahindra may slip to Rs 1010-1025.
Jai Bala, Head-Technical & Cross Asset Strategy of 1857 Advisors is of the view that one may enter Havells India at around Rs 275-290.
Neeraj Deewan, director of Quantum Securities, says the market will most probably test September lows and traders and investors alike should be prepared for it as nothing is really happening for the market â€” still some time to go for the US Federal Reserve action and back home too nothing concrete is happening on the GST front
Jai Bala of 1857 Advisors is of the view that above Rs 195, Chennai Petroleum Corporation may test Rs 265-280.