August Series

Mkt to capitulate; Aug series may end near 5200: PhillipCap

Movement seen in India‘ volatility index (VIX) is symptomatic of market nervousness and one can look at bottom formation for the Nifty around 4850-4900, says Vineet Bhatnagar, MD, PhillipCapital.

Banks in for short covering; book profit in IT: HSBC Invest

One can expect some bounce back at 5200 level, says Karun Mutha of HSBC Invest Direct.

Nifty to hover in 5600-5900 in Aug series: Investworks.in

With EMs trading at around 10 times P/E compared to developed markets at around 14 times, the downside seems to be protected especially in equities. Hence, in August series, 5,600 on the lower side and 5,900 on the higher side could be a broad range to look at

See Nifty in 5900-6100 range; CRR, repo hike ruled out now

It will be seen today how the August series starts and important earnings will be eyed today says CNBC-TV18‘s Udayan Mukherjee.

6100 key hurdle for Nifty; July series may end well

The July series might end with 400-points gains but could also end with 150 basis points jump in bond yields. However, 6,100 still seems like a bit of a mountain to climb as we enter August, said Udayan Mukherjee.

Don't see Nifty breaking 5200 in Sept: Aditya Birla Money

The sentiment in the market now is of caution since market participants have trimmed down lot of their position in futures markets, Hemant Thukral of Aditya Birla Money told CNBC-TV18.

Nifty to end August series in 5380-5420 range: HDFC Sec

Nifty breached crucial 5,400 levels surprising all, but VK Sharma of HDFC Securities says it won‘t be able to move beyond 5,450 in the current series.

Don't see Nifty go beyond 5,480 in series: Hemant Thukral

Hemant Thukral of Aditya Birla Money does not expect the Nifty to go beyond 5,470-5,480 in the August series.

Tulsian lays wager on auto biz, Thermax & govt action

Market analyst SP Tulsian, of sptulsian.com, explains to CNBC-TV18, in his analysis of the day‘s stocks,that automobile stocks look the most attractive. Tulsian is also positive on Thermax thanks to the advance tax payment made by the company and adds that it is a quality stock for any portfolio.

Go long on August series; avoid FMCG counter: Jai Bala

Jai Bala, chief market technician at Cashthechaos.com, says that the European, Italian and Spanish markets have implemented short selling band, again repeated exactly at the same time in 2011.

Unlike RBI, Fed will play to market expectations

"After a month of being beaten down, the upcoming Jackson Hole meeting scheduled for Friday holds the key to the direction global equities will take here on," says Udayan Mukherjee, managing editor, CNBC-TV18