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Your stocks: Investment ideas by market experts

Watch the interview of Kunal Bothra of LKP Securities who shared his readings and outlook on specific stocks and sector & Hemant Rustagi of Wiseinvest Advisors answered few personal finance queries.

August 10, 2015 / 15:17 IST
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Watch the interview of Kunal Bothra of LKP Securities who shared his readings and outlook on specific stocks and sector & Hemant Rustagi of Wiseinvest Advisors answered few personal finance queries.Below is the verbatim transcript of Kunal Bothra's interview with CNBC-TV18: Ashiana Housing  & Coal India Kunal Bothra of LKP Securities told CNBC-TV18, "It is very difficult to pick handful of stocks from this huge space the smart city as well as the coal auctions space. However, some of the names which have run up very smartly over the last one year especially in terms of smart cities, I think the sanitaryware companies like Somani Sanitaryware, Cera Sanitaryware – many of these smallcap, midcap names which people may not have been well versed couple of quarters back, I think these stocks have shown some very good momentum. Ashiana Housing is one of the few stocks which is showing good momentum. I think over the last three or four months it has been more or less sideways. So, my sense if you find any dips in Ashiana Housing I think that could be one of the few stocks in the smart city space where you could look at really building up long positions. In the coal auction I think there are two spaces over here – the metal stocks as well as Coal India specifically. If I have to pick out the good stocks in these two spaces, Coal India would be one of the few stocks which can show some very strong traction over the next couple of years. I believe from a long-term perspective technically Coal India has given a breakout above Rs 400 and is showing some very strong momentum. So, for the long-term prospects Coal India would be a favoured stock. In terms of metal space, it is a difficult question to answer. At this point of time where most of these metal stocks are going through their multi-year lows or 52 week lows, I think there is still some amount of pain which can be seen. From a trading perspective you can look at stocks like JSW Steel or even Tata Steel from a five to ten percent upside prospectively but from a long-term perspective I believe there could be better times over the next couple of quarters where you can look at these metal names from portfolio perspective.

first published: Aug 10, 2015 02:52 pm

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