"If real estate sector is not changing, then economy is not going to move. The focus should be on 5-6 real estate stocks," he said.
Market analysts have applauded the actions by Indian Air Force and at the same time advised investors to remain cautious and buy quality stocks for long term
Government sources say that report of raising Minimum Public Shareholding (MPS) is pure speculation. In an interview to CNBC-TV18, Prithvi Haldea, MD, Prime Database and Ajay Srivastava, CEO of Dimensions Corporate Finance Services shared their readings and views on the same.
The S&P BSE Sensex pared gains in the last two trading sessions and eventually closed in the green largely led by weak global cues.
It was a momentous day for the Indian equity market with the benchmark indices hitting highs - the Sensex hit 30,000 and closed a tad below that to hit another closing high. The Nifty too ended above 9,250.
Ajay Srivastava of Dimensions Consulting feels the earnings trajectory could determine the direction in which the market will move going forward. He is positive on oil marketing companies.
Ajay Srivastava of Dimensions expects major consolidation in the non-banking financial companies (NBFC) space in the medium-term. Smaller NBFCs in the industry can gain on these potential M&A opportunities, he added.
Ajay Srivastava, CEO at Dimensions Consulting, is of the opinion that the rally that led to the 52-week high is purely due to liquidity in the market.
Ajay Srivastava, CEO, Dimensions Corp Fin Services advises shorting NBFC stocks.
Ajay Srivastava, CEO, Dimensions Corp Fin Services advises buying Maruti Suzuki.
According to Ajay Srivastava, CEO, Dimensions Corp Fin Services, United Spirits is a safe stock.
According to Ajay Srivastava, CEO, Dimensions Corp Fin Services, one may stay invested in HDFC Bank.
Market valuations are not cheap and investors need to be picky and ready to take 'serious risks' to see healthy returns, says Ajay Srivastava, CEO of Dimensions Corporate Finance Services.
Ajay Srivastava, CEO, Dimensions Corporate Financial Services says this kind of stance in the backdrop of low GDP growth is surprising because one would have liked to see the economy being propelled rather than focusing on inflation
Finance Minister Arun Jaitley‘s speech for Budget 2017 doesn‘t evince enough interest to buy into NBFC stocks, according to Ajay Srivastava of Dimensions Consulting. He said the Budget lacks enough spunk to buy in NBFC stocks.
Speaking to CNBC-TV18 Ajay Srivastava, CEO of Dimensions Corporate Finance Services said that this year‘s Budget will be different from last year‘s owing to two reasons.
Speaking to CNBC-TV18 Ajay Srivastava, CEO of Dimensions Corporate Finance Services, said his advice to investors would be to sell on rallies and book profits.
Ajay Srivastava of Dimensions Consulting told CNBC-TV18 that the economy is likely to contract for next few quarters and political agenda will rule the global markets.
We need soothing words from the government on how they will get liquidity up, revive market, give confidence to people, said Ajay Srivastava of Dimensions Corporate Financial Services.
Bond portfolio is the one that has done well over last few days. Bonds diminished the pain in equities, Ajay Srivastava of Dimensions Consulting said adding that a 9-10 percent returns in bonds are expected in next 9 months.
If Trump wins and the market takes a dive, it will be a perfect opportunity to buy says Ajay Srivastava, CEO of Dimensions Consulting while advising investors to keep cash on the sides now.
Speaking to CNBC-TV18 on the development, Ajay Srivastava of Dimensions Consulting advised that investors should avoid consumer and capital goods sector and instead look at stocks like liquour and pharma companies operating in niche space such as Syngene International.
The domestic market will continue to move up as long as international markets remain stable. The recent liquidity rush will continue into emerging markets, says Ajay Srivastava, CEO of Dimensions Consulting.
Stating that there was a "disconnect between the stock market and the ground reality", market expert Ajay Srivastava says recent gains in the market have been led by liquidity and the disconnect makes it important to keep booking profits.
Ajay Srivastava, CEO of Dimensions Consulting is of the view that one may buy Asian Paints.