Top cues from domestic and international markets, which could have a bearing on the D-Street on Monday
The ongoing market correction could continue for few more weeks but too much downside from current levels is unlikely, feels Gautam Shah, Associate Director & Technical Analyst at JM Financial.
Economists and fixed-income experts believe that while the rally in the bond market may pause it is far from done.
In an interview with CNBC-TV18, S Naganath, President and Chief Investment Officer, DSP BlackRock Investment Management, said that investors should buy into any correction that takes place as a strong pick-up in earnings trajectory expected for FY18 and FY19 makes them attractive from a two-three year perspective.
There's a chilling trend in the market, and it could wreak havoc on your portfolio, a top market watcher said.
CNBC-TV18 Consulting Editor Udayan Mukherjee believes that price action in the broader market, especially given how some midcaps are still being favoured by investors, suggests the stance for the so-called "smart money" is still on the long side.
The recent correction in the stock market has opened up a buying opportunity for investors, according to Manishi Raychaudhuri of BNP Paribas, who expects earnings and returns to broadly pick up for emerging markets.
The Indian real estate slump has brought a wishful thought to the fore, the buyers‘ market. Across the built environment of real estate, there is a critical evaluation of opportunity cost as the transactions R
Everyone is expecting for a huge correction, but such a correction may not happen very soon, says Neeraj Deewan, Director, Quantum Securities. For now, market is in a very positive sentiment. Till the 8500 level is not broken, such correction may not occur.
For the past two years, Swadeep Sharma was on the lookout for a house in Noida. Last year, he zeroed-in on a house, in one of the newly-completed projects on the Noida Expressway.
Gold prices will fall if Britons vote to stay in the European Union and the yellow metal will breach the USD 1,300/ounce-mark should the country decide to exit the bloc on June 23, says David Lennox,Analyst at Fat Prophets.
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.
Market corrections offer you opportunities to buy stocks at attractive prices. Make the most of them by keeping your shopping list ready.
Vivek Patil, who saw the ongoing market crash last year, says the Sensex can sink to 15,000 levels.
On volatile commodity prices, Agrawal says crude prices have to stabilise first for other commodities as well to settle down.
According to Jain, Executive Director and Chief Investment Officer of the fund, corrections like these give an opportunity to invest from a two to three year perspective. Specifically, corrections led by global factors have always been great buying opportunities, he says
The number of construction applications developers have made in Mumbai has increased -- implying they are confident of prices rising in the near future. But more construction will add to the already-high inventory of housing stock in the city, putting downward pressure on prices.
Devang Mehta of Anand Rathi Financial Services says the Indian market will start performing well in the upcoming days.
CNBC-TV18 spoke to a number of experts, many of who expect shares to continue to remain choppy going forward. But they are clear on one thing: if an investor can withstand pain, time is good to start to bargain-hunt.
Atul Suri, in an interview to CNBC-TV18 said that he doesn't expect to see a global meltdown. The extent of fall in Dow & global indices will have a knock-down effect on India though India will relatively outperform, it will stand out among emerging markets and will be the first market to recover.
Over the past four months, Sanjay Dutt of Quantum Securities has been in the enviable position of being able to successfully call both the Nifty's early March top, at 9,000, this year as well as its mid June low at 7,950. He now has a new call.
While some investors allow the SIP to continue, some prefer to stop their SIP. And investors confident about their investment go ahead and buy more in lump sum. Which of these is the best strategy?
Dilip Bhat of Prabhudas Lilladher expects pharma stocks to see a mild time-wise correction.
In an interview with CNBC-TV18, Kunal Bothra of LKP Securities said the market has retraced more than half of its losses when it declined from 8,800 to sub 8,000 during the recent correction.
As he had been been forecasting through March and April that the market was poised for a deep correction but that longer-term bull market was intact, technical analyst Jai Bala today said the correction had likely run its course and that the market was now headed up.