Speaking to CNBC-TV18 Sanjay Sharma, Head Of Equity Capital Markets, Deutsche Equities India said there has been a lot of interest from retail investors in the initial public offers launched so far this year.
The company had filed its draft red herring prospectus (DRHP) with Sebi on March 30 this year.
De-listing Regulations Amended!
Abhay Laijawala, MD & Head-Research at Deutsche Equities India is underweight on IT services stocks.
Abhay Laijawala, MD & Head-Research at Deutsche Equities India is overweight on cement sector.
Abhay Laijawala, MD & Head-Research at Deutsche Equities India is positive on industrials and infrastructure stocks.
Deutsche Bank is also a part of Coal India divestment process and expects a good response for that took.
Ansuman Das of Nalco expects the aluminium prices to hold above USD 2400 per tonne. Moreover, he thinks with the new government‘s focus on infrastructure development there demand for aluminum in India could be high.
Abhay Laijawala is constructive on the Indian market and expects Sensex to touch 21,000 by the year end. He also believes the worst of the currency crisis is over.
IT firm Oracle Financial Services Software today announced the floor price for sale of over 44 lakh shares worth about Rs 1,009 crore to meet minimum share holding norms as mandated by market regulator Sebi.
Abhay Laijawala, head-research, Deutsche Equities India says that the 2013 outlook for Europe has not improved and expects RBI to cut rates by 75 bps in 6-to-8 months. The concerns over Chinese property market were not unexpected and the market overreacted, he adds
Abhay Laijawala, head of research, Deutsche Equities India expects the IT sector to continue outperforming. Deutsche in overweight on the sector.
Abhay Laijawala, head of research, Deutsche Equities India has raised the oil and gas sector as an overweight.
Pratik Gupta, head of equities, Deutsche Equities India says there has been a sea change in sentiment, especially in the FII community. He is bullish on the Indian market. "India may attract significant inflows, if reforms continue. Our Sensex target for the year-end is 20,000," he adds.
Marketmen are keenly watching whether the government will announce policy reforms such as increase in diesel prices, allowing foreign investment in aviation and retail sectors.
Abhay Laijawala, Deutsche Equities India is neutral to mildly positive on the banks.
Abhay Laijawala, Deutsche Equities India is positive on Tata Motors.
Investors continue to remain a concerned lot. But according to Abhay Laijawala of Deutsche Equities India this is not denting their interest in India. "Investors are watching oil prices very closely but are still buoyant on India. Market valuations here have compressed this year," he said.