In an interview to CNBC-TV18's Latha Venkatesh and Prashant Nair, Ajay Srivastava, CEO of Dimensions Corporate Finance Services and Ashwani Gujral of ashwanigujral.com shared their views on the market and specific stocks.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, Rahul Arora of Nirmal Bang Institutional Equities shared his views and outlook on the market.
Bhatia is underweight on technology stocks, though he likes HCL Technologies and Infosys.
Gautam Duggad of Motilal Oswal also said the Q1FY18 earnings season marked another quarter of weak performance and a subdued start to FY18.
Watch the interview of Deven Sangoi, Chief Investment Officer – Equity at Birla Sun Life Insurance with Prashant Nair and Surabhi Upadhyay on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Bank of America Merrill Lynch's December Sensex target is 30,000.
Watch the interview of TS Anantakrishnan, CEO at Varanium Capital Advisors with Prashant Nair and Surabhi Upadhyay on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Mihir Vora of Max Life explained that given these valuations against the earnings visibility, the market is taking a breather
In conclusion, it would be great if the market presented a correction to buy into stocks but if not, rather than wait.
With strong bearish pattern in daily chart coupled with a market regulatory stance on shell firm and geopolitical issue, the short term consolidation in next session can’t be ruled out unless market witnesses a favourable trigger.
"This is possibly the cleanest bull market ever in India," That is the word coming in from renowned economist and investor, Ruchir Sharma. Speaking to CNBC-TV18's Shereen Bhan in an exclusive chat he says that quality stocks have worked like never before.
One common theme that runs across all markets and one that is causing anxiety in the markets is the war mongering between North Korea and the USA
Porinju who is an eternal bull on Indian markets said it is a healthy correction because the market cannot go up every day and dips like these should be used to buy stocks.
Geopolitical tensions surrounding around North Korea is not expected to escalate further, he feels. It will be short term impact on markets, according to him.
Going forward, the three-digit gann number of 977(0) would be an immediate support point, which is why sustenance above 9,770 could provide a relief rally en route 9,900-9,930 levels.
I am still very bullish on markets, said Samir Arora, Founder & Fund Manager of Helios Capital in an interview to CNBC-TV18. He also shared his readings and outlook on the market and specific sectors.
Gautam Shah of JM Financial believes that the decline in the market will be more global and India may face collateral damage
Going forward, we expect the index to consolidate between the broad range of 9,850 and 10,100 levels while the focus will be on stock specific activity amid the ongoing quarterly earnings season.
Now, Nifty will face strong resistance in the range of 10,100 to 10,150 levels while it has support around 9,900 followed by 9,850.
Watch the interview of Anish Damania, CEO & Head - Institutional Equities of IDFC Securities with Prashant Nair and Ekta Batra on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Over the last 12 months, midcaps have delivered 25 percent returns, as against 17 percent by the Nifty. Also, over the last five years, midcaps have outperformed the Nifty by 65 percent. Midcaps now trade at a 14 percent premium to the Nifty on a P/E basis.
Watch the interview of Taher Badshah CIO-Equities Invesco Mutual Fund with CNBC-TV18's Anuj Singhal and Surabhi Upadhyay where he spoke about the road ahead for Indian markets and shared his views on various sectors.
In an interview to CNBC-TV18, Udayan Mukherjee shared his reading and outlook on the market.
The FII Flows have continued to remain strong in India with a 29th consecutive week of inflows as of last week with pace remaining strong at USD 330 million.
Nifty likely to follow ‘Papa Dow’ which is riding the bull for last 8 years