In an interview to Prashant Nair and Ekta Batra, Rahul Arora of Nirmal Bang Institutional Equities shared his views on the fundamentals of the market and the outlook going forward. He also spoke about specific stocks and sectors.
In an interview to Latha Venkatesh, Sonia Shenoy, and Anuj Singhal, SP Tulsian of sptulsian.com shared his views on the fundamentals of the market and the outlook going forward. He also spoke about specific stocks and sectors.
Gold loan financing companies should have appropriate infrastructure for storage of gold ornaments. The central bank made mandatory for NBFC to obtain prior approval of the Reserve Bank to open branches exceeding 1000.
Bank Nifty will continue to fall for some time now. Sudarshan Sukhani suggests shorting IndusInd Bank next week. He is positive on the pharma sector and has a â€˜Buy‘ on Glenmark Pharma and GAIL.
Nischint Chawathe of Kotak Institutional Securities believes that non banking financial companies (NBFC) have an upside bias owing to the 1 percent decline in the interest rates for AAA rated bulk borrowers.
The Nifty is heading lower and may not hold the key 5970 support, so one should avoid trying to buy these dips.
Sudarshan Sukhani of s2analytics.com is mildly bearish on the market. He see the Nifty moving lower from current levels. The sell in May philosophy is likely to work out this time. Trade is to be short side.
BSE Sensex was trading firm above 20000, and the Nifty was holding 6150 mark. Banking stocks like HDFC Bank, IndusInd Bank, Kotak Mahindra Bank and Axis Bank touched fresh year highs today.
The sharp fall in gold prices prompted investors to shun their investments in the gold loan companies like Muthoot and Manappuram. However, the Association of Gold Loan Companies (AGLOC) is of opinion that a 15-20% price fluctuation is unlikely to dent their business.
Manappuram and Muthoot Finance are good short term bets, says SP Tulsian of sptulsian.com.
Uttam Galva | Bajaj Corp | Wipro | Gillette India | Manappuram Finance | GTL Infra | CMC | Tata Power | IOC and Reliance Industries are stocks, which are in the news today.
Disappointment was shown by many on Infosys' fourth quarter results. It reported 6-10 percent top-line growth guidance for FY14, which was lower than what the street had forecast. Rahul Bhasin, Baring Private Equity Partners said that it will be unrealistic to expect the historical growth.
Today was a bad session for the market. For the last few days, the market looked constructive; particularly the broader market. Initially it looked like the market was falling in line with a similar theme for the first half of the day; the Nifty was flat, but a lot of the midcap stocks and smallcaps were doing well.
Technical analyst, Sudarshan Sukhani, s2analytics.com said that the Nifty is now deeply oversold and there are always two undercurrents in the market. One of them is the intermediate trend. The intermediate trend is down.
Despite a slowdown in commercial vehicles, Nischint Chawathe, Kotak Institutional Equities has a buy on auto-finance company, Shriram Transport.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com spoke about his outlook for the market ahead of Budget 2013-2014.
The BSE benchmark Sensex regained from low point of the day to trade flat as key banking stocks pick up steam ahead of the FY13 GDP numbers. A CNBC-poll forecasts FY13 GDP at 5 percent.
At 09.28 AM, the Sensex fell 45.39 points at 19594.33, and the Nifty lost 13.05 points to trade at 5946.15.
Sudarshan Sukhani of s2analytics.com feels that Manappuram, SKS Micro Finance can give good returns.
In an interview to CNBC-TV18, Sudarshan Sukhani of s2analytics.com shared his reading and outlook on market and specific stocks.
Moneycontrol gets Technical analyst Husseini Vadharia of Techno Shares & Stocks to answers stock queries that investors asked on our Facebook page.
Sudarshan Sukhani of s2analytics.com advises traders to buy Wockhardt at current levels.
SMC Global has come out with its report on "Gold Loan Finance Companies". Accordong to the research firm, RBI has released graft guidelines with respect of gold loan NBFC which in our view is beneficial for the industry.
Santosh Singh, analyst, Espirito Santo, talks about the KUB report and what one can expect in terms of gains from stock in gold space.
SP Tulsian of sptulsian.com in an interview to CNBC-TV18 says he is not too optimistic on the gold loan companies' performance.