VICTORIS
Budget Express 2026

co-presented by

  • LIC
  • JIO BlackRock

ASSOCIATE SPONSORS

  • Sunteck
  • SBI
  • Emirates
  • Dezerv

Mkts present a good opportunity to buy: Citi

We believe the current market conditions present a good opportunity to buy some decent Indian stocks, says Aditya Narain of Citi.

February 10, 2011 / 08:55 IST

Here is expert equity call for the day on how the markets are expected to trade:

Aditya Narain, Citi: We believe the current market conditions present a good opportunity to buy some decent Indian stocks. Despite the headwinds of macro, misgovernance and the market mood, 8%+ GDP growth & relatively safe 15%+ earnings growth are compelling. We maintain our 22,000 Sensex target and believe that the rewards outweigh the risks decisively from here. We are looking to buy financials and other beaten-down large caps.

first published: Feb 10, 2011 07:54 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347