The stock is trading at 23 times FY20 estimated price-to- earnings
The Centre was responding to states governments affidavit over the coal blocks allocation. The states governments' affidavit says that they have no role in the allocation of coal blocks and it was solely the Centre's decision.
A bearish Mehraboon Irani tells CNBC-TV18 that a surge in liquidity could help take the Nifty as high 5,800 in the coming few months.
Jitendra Panda, Future Capital Securities is of the view that Reliance Power could be one stock which you could look to buying at Rs 130 levels and certainly should look at selling the Rs 150 call option.
Exit Bharti Airtel close to Rs 390, says Sudarshan Sukhani of s2analytics.com.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com analyses specific stocks and sectors. He gives his view on the ADAG group of stocks, realty and education stocks.
This partial give away was expected since global markets didn’t actually continue with their rally, says CNBC-TV18's managing editor Udayan Mukherjee. There has also been a little bit of profit taking across the global markets, which is all the more reason for us to fall in line as well.
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com gives investors his cues on how he reads specific stocks and sectors during these turbulent times in the market.
According to Udayan Mukherjee, managing editor of CNBC-TV18, the market saw a huge jump all across the board today, not just one or two stocks. It took its time, but the Indian market outshined most global markets with a ferocious 3.5% single day rally for the Nifty.
R Venkatraman, chief financial officer of Maxwell Industries told CNBC-TV18 in an exclusive interview that they have not received any intimation from Reliance Capital as to their stake in the company, which currently stands at 14.9%.
Today has been a much quieter day. Nifty has held a very tight range while midcaps and smallcaps have done better today. The market has spread out as a bit of resistances kicked in after the relentless rally of the last nine days.
Mitesh Thacker, technical analyst at miteshthacker.com, in an interview on CNBC-TV18 says that while time and again, we have gone passed 5,560-5,570, there have been clusters of closings around those levels. “What we need right now to break out of this present range is a closing above 5,560 levels,” he says.
Continuing its probe into the financial dealings of Anil Ambani led ADAG group in connection with the 2G spectrum allocation scam, the CBI today questioned a top executive of realty and infrastructure firm for links with the group.
Pumped up by a 2-day rally, Indian markets are once again looking attractive to investors and experts. All eyes are waiting to see how much the markets can move ahead in the run up to the budget given the kind of damage it has witnessed in the start of the year.
In an interview with CNBC-TV18’s Latha Venkatesh and Anuj Singh, IV Subramanium, Director of Quantum AMC discusses the future course of the markets which has lost a goodish bit in last four months.
It’s been a quiet start of 2011. We had a good close last week and we had started off with tepid volumes and just about a modest price appreciation yesterday.