Terming the coal power sector a "water guzzler", Greenpeace India on June 9 claimed that water scarcity in various parts of the country caused it an estimated revenue loss of over Rs 2,000 crore in the first five months this year
In an interview with CNBC-TV18, MS Unnikrishnan, Managing Director of Thermax said that they do not have major market share in Greece and won't be impacted majorly by the crisis.
"The institute will become a catalyst of growth in information technology and telecom sector in coming days. Not only in Chhattisgarh, but students from this institute will serve in the entire country," he said at the opening ceremony.
NTPC is generating power...still you must find out ways to make power sector commercially viable." Suresh Prabhu added that in order to make power sector commercially viable sub transmission and distribution is going to play crucial role.
Oil explorer ONGC was the country's most profitable PSU in 2013-14, while telecom major BSNL was the worst performer, says the Economic Survey.
Deven Choksey, MD of KR Choksey Shares & Securities advises staying away from power generating companies.
Tax-free bonds are back in vogue as the benchmark 10-year benchmark bond yield crossed 9% mark recently. This is reflected in the quick response and subscription to AAA-rated tax-free bonds issued by National Thermal Power Corporation, which offered up to 8.91% returns.
According to Vishal Malkan of malkansview.com, NTPC is definitely a hold and if it goes above Rs 155 level, then buy more.
Parag Thakkar of HDFC Securities is bullish on utilities.
If coal is out of the ground then a lot of the problems will be solved. Whether it is the financial sector mess, the non-performing loans (NPL) mess - a lot of it is linked to the power sector, power costs being high, power shortages.
Harshavardhan Dole, Power Analyst at IIFL is of the view that Tata Power Company may touch Rs 100.
One can short NTCP, says Sudarshan Sukhani of s2analytics.com. "The charts are telling that the lower levels are coming," he adds.
Sudarshan Sukhani of s2analytics.com recommends buying Bata India and selling National thermal Power Corporation.
Dhirendra Tiwari of Antique Institutional Equities says he has been positive on BPCL, ONGC and Oil India. "Under-recoveries will go down; oil price is also cooling off a bit, which will be significantly positive as far as earnings for these companies are concerned," he adds.
One can buy Bajaj Auto and NTPC, says Sudarshan Sukhani of s2analytics.com. The stock went through a small correction. After the correction it was in a consolidation and today it is breaking out of that consolidation on the upside, he adds.
One can hold NTPC, says Jagdish Malkani, Member NSE/ BSE.
Jagannadham Thununguntla, Strategist & Head of Research, SMC Global Securities Limited is of the view that one can stay invested in NTPC and whenever get the typical kind of bounce can exit the stock.
Fuel yourself well as diesel price hike is in the offing once again. According to Sanjeev Prasad of Kotak Institutional Equities, the government is likely to increase small diesel price hike on February 17-18 as per the government's plan of raising diesel prices by small amount over a period of time.
Sanjay Sharma, MD & Head of Equity Capital Markets, Deutsche Bank said 55 to 60 percent of the takers were foreign institutional investors (FIIs) and the remaining interest came in from domestic retail as well as non-institutional players.
The government has now met 73 percent of its Rs 30,000 crore disinvestment target for this fiscal. What are the government targets for FY14 and what could be the likely disinvestment targets.
Sudarshan Sukhani, s2analytics.com is of the view that one should avoid NTPC.
Sudarshan Sukhani, s2analytics.com says although the trend for the market is still up, it is on the verge of entering choppy territory. â€œI suspect that till the Reserve Bank of India (RBI) policy, we are going to see very choppy conditions,â€ he adds
Technical analyst, Sudarshan Sukhani, s2analytics.com says since yesterday markets had a disappointing close, the short-term trading strategies will have to be reworked
Sudarshan Sukhani, s2analytics.com is of the view that NTPC can touch Rs 175. Stocks like Hindalco Industries, Tata Steel, Bank of Baroda and Canara Bank are looks good.
Finance Ministry may float Cabinet note on public sector unit (PSU) ETFs shortly, report CNBC-TV18's Aakanksha Sethi.