An index mapping the country's short term financial conditions has plunged over 12 points for the fourth quarter of the current fiscal ending March 31, as compared to the previous quarter
Rahul Arora, CEO of Nirmal Bang Institutional Equities is largely neutral to underweight on the IT sector. Infosys was a forced upgrade because of its numbers. But dynamics of the sector hasn't changed much, he adds.
According to Vikas Khemani, CEO, Edelweiss Securities market is in a fair value zone and there is no deep value left, so one must look for stocks and sectors that are likely to show growth going forward.
Despite a slow month in terms of mergers and acquisition (M&A) activity, Raja Lahiri, partner, Grant Thornton is not losing his optimistic streak. Lahiri is bullish on seeing activity in the days to come.
Angel Broking has come out with its monthly rollover report on Banking and Financials, Metal & Mining, Oil & Gas, Auto & Auto Ancillaries, Information Technology and FMCG.