At a time when analysts are scared of getting their hands in pockets like pharma and IT, Infosys, Torrent, Adani Ports, Hindalco, CEO & Head- Institutional Equities, at IDFC Securities express his confidence in export-oriented theme as most of the stocks he picked up belong to pharma and IT sector.
Anish Damania of IDFC Securities is positive on Sun Pharmaceutical Industries.
Anish Damania of IDFC Securities is of the view that one may prefer AIA Engineering.
Watch the interview of Anish Damania of IDFC Securities with Anuj Singhal and Sonia Shenoy on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
The demonetisation drive has taken a toll on the market and Anish Damania of IDFC Securities says that the market may not see recovery soon and there will be three quarters of dismay.
Watch the interview of Ashwani Gujral, Mitesh Thacker, Prakash Gaba, Rajat Bose, Anish Damania, and VK Sharma with Latha Venkatesh and Sonia Shenoy on CNBC-TV18, in which they shared their readings and outlook on market technicals, fundamentals and F&O side of the market as well as specific stocks and sectors.
Anish Damania of IDFC Secuirities, says that Non-Banking Financial Companies (NBFCs) could be majorly hit. Auto and consumer discretionaries will be impacted too.
In an interview with CNBC-TV18, Anish Damania, CEO and Head - Institutional Equities, IDFC Securities, said the broking firm is sticking to its Nifty target of 8,900 and said that it does not expect a major correction in stocks arising out of yesterday's border skirmish between India and Pakistan.
Neelkanth Mishra of Credit Suisse remains positive on LIC Housing Finance, HDFC and Indiabulls Housing Finance. Top sells are Dr Reddy's Labs, HCL Technologies and Hindustan Unilever, says Anish Damania of IDFC.
Anish Damania, CEO & Head - Institutional Equities, IDFC Securities feels that there is still a lot of steam left in Tata Motors.
Anish Damania of IDFC Securities says the brokerage will make further calls on Nifty target after how how the first and second quarters pan out.
The house is upbeat on the financials, capital goods and engineering spaces but bearish on consumer goods and pharma space, Anish Damania, CEO & Head-Institutional Equities, IDFC Securities.
L&T will outperform in the next on year or so, says Anish Damania, CEO and head, Institutional Equities, at IDFC Securities. As for ITC, there could be more impact, as the government looks to bring in more controls in the liquor and cigarette businesses.
The pace of earnings downgrades in emerging markets has slowed down, says Anish Damania, Co-CEO and Head - Institutional Equities, IDFC Securities.
Anish Damania, CEO & Head-Institutional Equities at IDFC Securities prefers to pick up stocks with likely good earnings growth than tracking the quantum of movement in the indices.
According to Anish Damania of IDFC Securities, one may see bounce back in Axis Bank.
According to Anish Damania, IDFC Securities the current fall in the market is a healthy correction and should be utilised to buy stocks that show earnings uptick.
Anish Damania, CEO of IDFC Securities feels that there is an upside left in Nava Bharat Ventures.
Anish Damania, CEO of IDFC Securities is of the view that Engineers India may outperform.
Anish Damania, CEO of IDFC Securities is bullish on the midcap pharma names.
It is strategy at IDFC Securities to focus on earnings growth stories going forward, says Anish Damania, CEO, IDFC Securities, adding that the house is very bullish on the oil marketing companies from that perspective.
Anish Damania, Head-Institutional Equities, IDFC Securities says the firm expects Nifty earnings growth rate to be 15 percent for the coming two quarters and will upgrade its Nifty targets from previous estimates of 27,000.
Anish Damania, head-Institutional Equities at IDFC Securities has a bullish view on Infosys and feels that one can buy pharma stocks on weakness.
Anish Damania, head-Institutional Equities at IDFC Securities has a positive view on Larsen & Toubro.