The long term economic backdrop for the Indian economy looks good and we can expect the coming quarters having stability in the capital markets.
Market experts advise a prudent, stock-specific approach in such an uncertain market
Given near-term earnings visibility in South-based cement companies, they could outperform in the short run, according to the brokerage.
The risks to portfolio would be geopolitical tension and global recession (as there are expectations of economy slowdown in US and Europe), Edelweiss said.
Reliance Securities has maintained its positive stance on UltraTech Cement and Shree Cement in the largecap space
“On the overall basis, long-term capital gains tax doesn’t look dampening and revenue growth assumptions are looking realistic. Investors should focus on sectors/stocks having agri or rural theme. Escorts, Ashok Leyland, M&M, PI Inds and UPL will be positive,” Hemang Jani, Head Equity Sales & Advisory, Sharekhan told Moneycontrol.
We expect Nifty EPS of FY18/19/20 to be 500/600/720 and expect it to scale 12,000 in FY19, says Sandeep Raina of Edelweiss Investment Research.
According to Edelweiss, the company is expected to be key beneficiary of the uptick in demand on Andhra Pradesh & Telangana bifurcation.
Voltas, Alkem Labs, among others, are being tracked by investors on Thursday.
Traders might have to brace for tough days ahead of expiry on Thursday but any dips are a welcome opportunity for investors to go shopping for their favourite stocks
Sudip Bandopadhyay, Market Expert is of the view that Apar Industries and Techno Electric definitely at current level deserves a look in from the investors' point of view.
According to Rajat Bose of rajatkbose.com, one may holdÂ Sagar Cements.
Sharmila Joshi of sharmilajoshi.com is of the view that one may hold Sagar Cements.
In an interview to CNBC-TV18, P Phani Sekhar of Karvy Stock Broking shared his readings and outlook on specific stocks and sector.
Pankaj Pandey of ICICIdirect likes Sagar Cement with a price target of Rs 975 and Syngene with a target price of Rs 570.
In an interview with CNBC-TV18, market expert SP Tulsian listed his stock picks and shared his market outlook.
Sudip Bandopadhyay, Market Expert is of the view that JK Lakshmi Cement, Mangalam Cement and Sagar Cement are good buys with a view of more than six months.
Prakash Diwan of prakashdiwan.in is of the view that cement stocks like Deccan Cements and Kakatiya Cements will give more upside.
In an interview with CNBC-TV18, market expert SP Tulsian gave his stock picks and talked about JSW Steel's fourth quarter result.
SP Tulsian of sptulsian.com has a positive view on cement space including Sagar Cements on the back on operating leverage of the company.