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Lokesh Garg of Kotak Institutional Equities feels that Larsen and Toubro may test Rs 970.

UPA can't repair damage of 4 yrs in 4 months: Shekhar Gupta

. Now, the market is watching whether the government can find enough strength and resolve to hike price of diesel, a demand put strongly forth by the oil ministry.

FinMin may review excise duty hike on SUVs: Sources

There could be some relief in the offing for automakers as the finance ministry is likely to review the 3 percentage point hike in excise duty on SUVs announced in the Budget.

Expect FY14 to be better than FY13: IOB CMD

M Narendra, CMD of Indian Overseas Bank spoke to CNBC-TV18, on slidelines of CFO awards, regarding his outlook for the financial year 2013-14.

Staying optimistic key to surviving tough times: L&T CFO

CNBC-TV18 honours India Inc‘s top chief financial officers (CFOs) in a gala even in Mumbai. The CFO of Larsen & Tubro, Shankar Raman won the best CFO of the year award. In a special interview to CNBC-TV18, Shankar Raman says, staying optimistic was the only key to survive in this difficult business environment.

Demand limp despite discounts, say auto dealers

Sundeep Bafna, zonal chairman, Federation of Automobile Dealers Associations (FADA) says, in an interview to CNBC-TV18, that demand in the auto sector remains weak despite the slew of discounts from manufacturers.

Q4 earnings to fall; ONGC, Maruti top picks: Motilal Oswal

Rajat Rajgarhia, head-research, Motilal Oswal Securities says, in an interview to CNBC-TV18, that he expects Q4 earnings to fall and says ONGC and Maruti are his top picks.

Expect WPI to go below 6% in Mar: Credit Suisse

Robert Prior-Wandesforde of Credit Suisse says, in an interview to CNBC-TV18, that a surprise fall in core inflation is expected. The India and Southeast Asia economist expects the RBI to cut the repo rate by 25 bps on March 19 and adds that the central bank is likely to maintain focus on WPI inflation rather than on the CPI

SC ruling positive; govt must share private burden: NCC

YD Murthy, executive VP-finance, NCC says in an interview to CNBC-TV18 that the apex court ruling will quicken the implementation of 25 road projects worth Rs 25,000 crore that were stalled awaiting the grant of the clearance from the ministry of environment.

Remove 3% additional excise on SUVs: Praful Patel to FM

In the Union Budget 2012 Finance Minister P Chidambaram announced an additional excise duty on special utility vehicles (SUVs). Heavy Industries minister Praful Patel has now rushed to the rescue of SUV-makers and has asked the FM to do away with the additional duty. CNBC-TV18‘s Anshu Sharma reports.

Relax! India will outperform by year-end: Credit Suisse

"Personally, my own strategy is to buy the dips. So with recent correction, we actually are highlighting India now as one of the four cheapest markets in the region," Sakthi Siva of Credit Suisse told CNBC-TV18 in an interview.

India least favoured among BRIC nations, says Mark Mobius

India may have tumbled to the bottom on the investment priority list of global private equity and foreign institutional investors players looking to invest in the BRIC nations.

FY14 will be a difficult year for ITC: Religare Cap

Varun Lohchab, managing director and co-head of research at Religare Capital Markets who tracks ITC spoke to CNBC-TV18 regarding the increased VAT and excise duty and its effect on the stock.

Not year of high returns; focus back on IT: Purushottam

Professional investor Sangeeta Purushottam says that the market that has become increasingly dependent on liquidity will not be able to offer high returns due to uncertainities in the state elections.

H1FY14 borrowing likely to be at around Rs 3.30 lakh cr

Even as the government has estimated a 4.8% fiscal deficit target, it is likely to front load borrowing in FY14, reports CNBC-TV Aakansha Sethi.

Finance Ministry likely to breathe new life into SEZs

There could be some relief in the offing for special economic zone (SEZ) developers.

Expect Sensex at 22,000 by 2013-end: Standard Chartered

The Indian market was weak ahead of the Budget, but has been quite volatile after that, with earnings growth now being the main cause of uncertainty, says Clive McDonnell, head of EM equity strategy at Standard Chartered Bank, speaking to CNBC-TV18.

Budget 2013: Govt borrowing, spending cuts spook mkt: Eastspring

Krishna Kumar of Eastspring Investments says, on CNBC-TV18, that the market has already started to price-in FM‘s baby reform steps.

Don't bottomfish, get on to compounding: Nirmal Bang

Mehraboon Irani of Nirmal Bang Securities believes any sharp declines seen in the market should be used as opportunity to buy. He advices investors to stay invested in defensives. He expects decent returns from them going ahead.

No takers for midcaps; RBI, Re key triggers: Morgan Stanley

In the near term the market is likely to trade in the broad range of 5,750-6,000. Over the longer term, rupee‘s movement, inflation data and steps taken by RBI will be the three key trigger for the market, says Gaurav Doshi, VP - PMS, Morgan Stanley PWM.

Budget Analysis: FM's royalty tax hike may hurt investor sentiment

Foreign firms operating in India under the royalty model maybe in for some taxing times. In the Union Budget 2013-14, the Finance Minister has hiked taxes on royalty payments from 10 percent to 25 percent.

Possibility of another farm loan waiver scheme unlikely

The UPA's flagship scheme that returned them to power in 2009 is under the scanner. The CAG report on the farm loan waiver scheme has found major discrepancies. Apart from a finance ministry inquiry, the repeat of the scheme is perhaps unlikely, reports CNBC-TV18.

Reliance Group to apply for banking license before July 1

In what can be a game changer for Anil Ambani's Reliance Group, sources say the group has begun ground work for applying for a banking license and is looking to set up its banking foray under the brand name.

Farm loan row rocks House, PM promises stringent action

Parliament today resonated with demands for arraignment of swindlers in the farm loan waiver scheme in the wake of CAG report, prompting Prime Minister Manmohan Singh to promise "stringent possible action" against defaulters, if any.

Budget Analysis: Ratings agencies will track CAD, says Deutsche Bank

Taimur Baig, chief economist, Deutsche Bank, says that the country‘s current account deficit is a much larger problem than the fiscal deficit itself.

Budget 2013 limp on CAD; mkt thirsts for reform: Ambit

Andrew Holland of Ambit Capital Pvt Ltd says, on CNBC-TV18, that the Budget failed to address concerns on growth and CAD. "I do not expect revival in the capex cycle even if interest rates are cut. Increased policy action from the government is needed to boost the market."

Investors need not worry, fundamentals of co intact: NHPC

ABL Srivastava, director â€“ finance at NHPC told CNBC-TV18 that the company has spoken to BSE, NSE and Sebi regarding the suddent correction and expects a detail report on the same.

To focus on Europe, won't stop yearly rev guidance: Infosys

Infosys will continue to invest more in continental Europe market, as it sees great potential for growth in this market, says S D Shibulal, chief executive officer and managing director, Infosys.

Budget 2013: India to see double-digit returns in 2013, says UBS

Union Budget 2013 has largely met its key objective of fiscal consolidation, but it was an over hyped event so it punctured some expectations of foreign investors, says Gautam Chhaochharia, head of mid-cap research, UBS India.

Budget Analysis: MF units relieved on STT; shocked over debt funds DTT hike

The mutual fund sector has mixed feelings about Budget 2013. While some of them are happy with the liberalisation to the Rajiv Gandhi Equity Savings Scheme (RGESS), others are shocked with the move of hiking Dividend Distribution Tax (DDT) for debt funds. CNBC-TV18‘s Mitra Joshi and Farah Bookwala report.

Budget 2013: Finance Minister to lash whip at service tax defaulters

Budget 2013 offers amnesty to people who have defaulted on indirect tax payments over the last five years.

Budget assumptions realistic; see FY13 CAD at 5%: Moody's

The assumptions made by Finance Minister P Chidambaram in his Union Budget 2013 speech look optimistic and realistic, Atsi Sheth of Moody's Investors Service tells CNBC-TV18. "It is not just revenue growth, but assumptions about subsidy cost are optimistic as well."

Budget Impact: Infra focus to push cement, says Anand Rathi

Jaspreet Singh Arora of Anand Rathi says, on CNBC-TV18, that February cement sales disappointed with a 5-percent fall in growth due to unseasonal weather conditions and adds that the Budget has several positives for the cement sector

Budget's 3000km-road project target doable in 6 months: NCC

The target set by the Finance Minister of constructing 3000 kms of roads in the first six month of the current financial year is doable, believes YD Murthy, Executive Vice President-Finance of Nagarjuna Constructions.

EU to stay weak; India to grow in FY14: Deutsche Equities

Abhay Laijawala, head-research, Deutsche Equities India says that the 2013 outlook for Europe has not improved and expects RBI to cut rates by 75 bps in 6-to-8 months. The concerns over Chinese property market were not unexpected and the market overreacted, he adds

DIIs to blame for midcap carnage: IIFL's Nirmal Jain

Lack of retail participation and continuous selling by domestic institutional investors (DIIs) remains the key concern for Indian market, believes Nirmal Jain, chairman-IIFL.

Aashish Tater picks EID Parry, Gujarat Gas as multibaggers

In an interview to CNBC-TV18, Aashish Tater, head of Research, Fortunewizard.com picks EID Parry and Gujarat Gas as his multibaggers. Tater expects sugar stocks to outperform and is therefore bullish on EID Parry. Gujarat Gas will give multifold returns from a medium-term to long-term perspective.

Global macros best we've seen in years: Goldman Sachs

Prashant Khemka of Goldman Sachs says the market seems to have lost its moment post Budget. Much was expected of finance minister P Chidambaram‘s Union Budget 2013-14, which eventually turned out to be somewhat of a no show.

Budget Analysis: Mixed sentiment for insurance companies

The insurance sector seems to have mixed feelings for Budget 2013. While the opening up of the bank insurance route has been hailed as a key reform. The lack of additional tax concessions has disappointed insurers.

No option but to import coal: Scindia

"There is no option, but to import coal," says Power Minister, Jyotiraditya Scindia who is determined to make coal price pooling, a reality soon.

FM assures support despite tough stance on MAT, tax hikes

After presenting the last Budget of the UPA 2, it was Finance Minister, P Chidambaram's turn today to explain the proposals to India Inc.

Budget Analysis: See high revenue for larger broadcasters, says ENIL

The Union Budget last week permitted the expansion of the private FM radio space to 294 more cities. Prashant Panday, exec director & CEO, Entertainment Network India Ltd (ENIL), says he is now optimistic that the finance minister will give a definite thrust to the FM phase III rollouts.