On September 12, Brent crude futures hovered just above $90 a barrel as investors awaited a slew of macroeconomic data due later this week that could indicate whether Europe and the U.S. will continue to hike interest rates.
Shailesh Kanani, senior research analyst at Angel Broking joins CNBC-TV18 to discuss the outlook of infrastructure stocks going ahead.
SP Tulsian of sptulsian.com joins CNBC-TV18 with some multi-bagger ideas. He picks Precision Wires and Sequent Scientific.
Opining on RBI's rate hike, R Seshasayee, CEO of Ashok Leyland says that the RBI seems ready to sacrifice growth rate. "The entire industry is now rethinking plans of fresh investments," he says.
"The rally of almost 1,300 points in Sensex over the last three-four days has very little fundamental to back it up. So I doubt this is sustainable," Anantha Nageswaran tells CNBC-TV 18.
R Ramakrishnan, ED, Bajaj Electricals, tells CNBC-TV18 that the company’s growth is reliant on India’s GDP. He, however, expects organic growth to be strong, going forward.
There is a growing fear among experts that rising crude and commodity prices could derail the efforts to contain inflation, which has started moderating. Rob Subbaraman, Chief Asia Economist, Nomura feels that inflation is going to stay stubbornly high not only in India but in most of Asian countries.