Defensives

Weekly Tactical Pick: Why this beaten-down pharma stock looks red-hot

Macro set up warrants investors to consider selecting defensives to navigate.

Heads up! Smart money moving from financials to FMCG & pharma

Most of the stocks in the NiftyBank index fell 20-70 percent that include names like Kotak Mahindra Bank, Bank of Baroda, ICICI Bank, Axis Bank, RBL Bank, and IndusInd Bank.

Market's character changing, hold cyclicals: Morgan Stanley

It may be a good strategy to hold on to stocks of cyclicals and growth companies, and keep portfolio turnover low, Desai says.

Mkt to remain sluggish till Dec-end: Motilal Oswal OMC

The correction in the market is a good buying opportunity, according to Taker Badshah of Motilal Oswal OMC. The market is rather broad-based and sectors such as defensives, consumers, auto and banks doing rather well, and should become further attractive going ahead, he adds

Retail preferring stocks to realty as valuation good: I-Pru

In terms of further earnings downgrade on the back of disturbing global news, Manish Gunwani, senior fund manager at ICICI Prudential AMC believes there may be some downgrades of 1-2% here and there at the margins.

13000 on Nifty in 2-3 yrs, 7700 in near term: Sushil Kedia

Now that the correction has set in, Nifty‘s real range of trade is seen between 7600 and 9000, says Sushil Kedia, President Association of Technical Market Analysts (ATMA). He says the market is at an inflection point and warns investors from taking any position today or tomorrow.

See Nifty in 8-9k range; capital flight on $ gain: IL&FS

Vibhav Kapoor of IL&FS says the Indian market will start to look attractive once again in the 8000-8300 range. He believes Nifty can trade in the 8000-9000 range over the next few months.

Mkt may touch 7500; like defensives over financials: Expert

Ruling out the possibility of a pre-Budget rally, Sandip Sabharwal of Asksandipsabharwal.com feels a deeper correction is underway with the Nifty falling till 7,500.

Investors to focus on global concerns over earnings: Mehta

Investors in the US bypassed corporate earnings and economic reports to focus on global concerns, including Europe's softening economy. Dipan Mehta feels Indian investors too are rattled by larger-scale concerns than earnings. However, if earnings are below street expectations, it may be an added negative element for the market.

See Sensex at 30K by Aug; like autos, banks: Nomura

Awasthi expects market to re-rate on inflation and growth based tailwinds. In fact, he believes the recent election-led euphoria discounts the expectations of pick up in growth.

See Nifty rangebound for 6-12 mos, avoid PSU banks: Dalton

Bhat is bullish on private sector banks and engineering companies. He recommends staying away from PSU banks as they are saddled with bad loans and do not have enough capital

Book some profits, upside seems limited: Baliga

Watch independent market expert Ambareesh Baliga interview to CNBC-TV18‘s Anuj Singhal where he says the upside is limited from current levels and investors should use today‘s correction to book some profits.

Gadkari's vow to add 2% to GDP good news for eco: Raamdeo

In an interview to CNBC-TV18‘s Menaka Doshi and Anuj Singhal, market veteran Raamdeo Agrawal spoke about the investor sentiment on India at the Motilal Oswal Investor Conference and his outlook on the economy and its stock market.

Should you get excited about India Inc's Q1 performance?

A Kotak report said net profits of the BSE-30 Index grew 19.3 percent (YoY), marginally ahead of its estimate of 18.2 percent growth, while the EBITDA grew 31 percent (YoY) versus the expectation of 29.5 percent growth.

Expect Sensex to touch 24000 by 2014-end: BNP Paribas

According to Raychaudhuri, in the near-term there can be movement away from the defensives into the cyclicals, which has been happening and may continue for sometime.

Interact with CNBC-TV18: Dalton advises moving to cyclicals if stable govt formed

If there are indications that there would be a decisive government in place then cyclicals are the one‘s which will offer one of the best delta says UR Bhat of Dalton Capital.

Interact with CNBC-TV18: HDFC advises on safe play themes

Dipen Sheth of HDFC Securities says an investor can tilt a little more towards defensives to play safe.

Investors don't panic, current mkt correction healthy: IIFL

According to Nirmal Jain, the probability of a stable government is getting stronger and is driving many good quality investors. He believes at every correction, there are investors looking to buy into the market.

Mkt may correct upto 10%; will still buy India: Macquarie

Speaking to CNBC-TV18‘s Latha Venkatesh and Sonia Shenoy, hard Gibbs, global head- Macquarie Securities, says he will be eyeing defensives as the India story will be impacted by things that impact the domestic demand side of the economy positively or negatively.

Mkt upmove depends on banks, infra: NBIE's Advani

In the debate between cyclicals and defensives, Pashupati Advani of NBIE says cyclicals will be fine as long as interest rates are low.

Stability in sight, midcaps to perform better

Will midcaps outperform the large caps in the next one year? Which sectors are expected to do well? Pravin Palande asks the experts.

Sensex @ 21k likely; stick to defensives for now: Avendus

Speaking to CNBC-TV18, Girish Nadkarni, executive director, Avendus Capital says the Q2 earnings season, that has been relatively positive till now, is likely to disappoint in the days to come. Public Service Banks are most likely to cause pain, he adds.