Deutsche Equities

Abhay Laijawala is positive on IT stocks with small overweight.

DIPAM officials to meet merchant bankers today to discuss PFC share sale

Edelweiss Securities, Goldman Sachs and Deutsche Equities are the merchant bankers advising the government on the share sale

Too much euphoria in markets; Sensex may hover near 29k by Dec: Deutsche's Laijawala

There are more headwinds rather than tailwinds for the financial sector and we remain underweight, says Deutsche Equities.

Mkt not ready for switch from monetary to fiscal move: Deutsche

Speaking to CNBC-TV18, Abhay Laijawala said the there will be a transition from monetary policy to fiscal policy for which the market is not prepared and expects the market to remain volatile with a downward bias for the near term.

Underweight on IT sector, risks still remain: Abhay Laijawala

Abhay Laijawala, Head - India Research at Deutsche Equities is of the view that IT sector biggest underweight and the risks still remain with it.

Like consumption stocks including tractor, OMC: Abhay Laijawala

Abhay Laijawala, Head - India Research at Deutsche Equities likes the consumption oriented stocks including tractor, 2-wheelers and oil marketing companies.

Deutsche Equities sees Sensex at 27,000 by year end

There is an expectation of a small correction in markets, says Abhay Laijawala, Managing Director and Head of Research, Deutsche Equities, but if we see a global market contagion, there could be bigger sell-offs in the Indian markets.

IOC stake sale full subscribed; govt bags Rs 9,300 crore

The stake sale received bids for over 28.74 crore shares, representing 1.18 times the 24.28 crore shares on offer as on 1525 hours, as per NSE data.

IOC share sale begins amid bloodbath in market

The government is looking to raise about Rs 9,302 crore from sale of 24.28 crore shares in IOC through a one-day OFS route at a floor or minimum price of Rs 387 a piece.

Market to remain volatile over next few months: Deutsche

Abhay Laijawala, Deutsche Equities believes that the market will remain volatile over the next few months as investors continue to await tangible data on macroeconomic/corporate recovery.

Nifty reclaims 8400, Sensex ends 322 pts higher; M&M up 5%

Analysts correction in the market was only short-term earnings disappointment. Vinay Pandit, Senior VP - Institutional Equities, Centrum Broking feels the earnings will shape up going forward and is not expecting any major downside in the market.

Govt can focus on public investment, SBI top pick: Deutsche

A strategic thrust on public investment can be one of the strongest offsets the government can consciously provide India Inc to tide over this period of transition, said Abhay Laijawala, Deutsche Equities.

Sensex yr-end target 33K; Fed liftoff not a worry: Deutsche

Deutsche Equities sees the ongoing tactical correction as a healthy consolidation & investors, who had been on the sidelines may use this opportunity to realign portfolios. Deutsche maintained its year-end Sensex target of 33,000.

Adlbas IPO opens on Mar 10; Rs 221-230/share price set

The Manmohan Shetty-promoted company will sell up to 2,03,26,227 equity shares of face value of Rs 10. The issue comprises a fresh issue of 18,326,227 equity shares and an offer for sale of 2,000,000 equity shares by Thrill Park Limited.

Opening bell: Nifty may breach 9000 led by good Budget

The Indian market is expected to open in green with the SGX Nifty, an indicator of pre-market opening, trading at 8999, up 105 points around 7:50 hrs.

Govt needs to raise capex in roads, rail, defence: Deutsche

Abhay Laijawala, Deutsche Equities says the brokerage believes the government needs to unequivocally signal its medium-term commitment to reviving stalled investment momentum, through increasing capital expenditure in critical sectors like roads, railways, irrigation and defence.

Budget to boost infrastructure, financials: Deutsche

"Key sector beneficiaries in Budget include infrastructure, banks/financials & urban consumption," says Abhay Laijawala, Deutsche Equities.

Overweight on financials; bet on Axis, HDFC Bank: Deutsche

Abhay Laijawala, Deutsche Equities says the brokerage believes that the recent trend of strong inflows into equity mutual funds is indicative of a long-pending shift in the nature of Indian households' savings, from physical assets to financial assets.

Govt fixes SAIL OFS floor price at Rs 83, to get Rs 1700 cr

The government, which has 80 percent stake in SAIL, plans to sell up to 206.5 million shares through an auction on the stock exchanges.

Aditya Narain neutral on auto, real estate

The election results remain uncertain and challenging to call, we retain our December 2014 Sensex target at 21,800, says Aditya Narain of Citi.

FIIs bullish on India, believe growth likely to pick up: MS

Ridham Desai, Morgan Stanley estimates that FIIs, on the aggregate, have extracted returns of 9.1 percent from Indian equities versus peak of 31 percent at the end of 2007. “Unless, this rate of return picks up in the coming months, the long-term money parked in Indian equities could become impatient,” he added.

Deutsche sees DIIs returning; 15% upside for Sensex this yr

Speaking to CNBC-TV18‘s Udayan Mukherjee, Abhay Laijawala, Managing Director - Head of Research, Deutsche Equities spoke about the brokerage‘s view on India and the road ahead as he sees it for equities.

Prefer banking stocks, says Pratik Gupta

Pratik Gupta, MD & Head Equities at Deutsche Equities advises investors to prefer banking stocks.

Deutsche's 10 picks to play the rural demand theme

M&M, Maruti, Bharti, ITC, HDFC Bank, M&M Financials, Shriram Transport, Grasim and Shree Cements and NHPC are the stocks that the brokerage is recommending.

Prefer private sector banks: Abhay Laijawala

Abhay Laijawala, MD & Head-Research of Deutsche Equities is of the view that one may prefer private sector banks over PSU banks.