Jeswani notes that this quarter has been terrible for many companies, with eight out of ten firms delivering very bad numbers across every sector. He advises investors to look for companies that are delivering good numbers.
Jignesh Shial, research analyst, IDBI Capital Markets likes HDFC Bank the most among private banks and State Bank of India among public sector banks. He is also bullish on City Union Bank, Karur Vysya Bank and Federal Bank.
The Nikkei climbed to its highest point in nine months on Wednesday as the yen fell to a 20-month low on expectations that Japan's new prime minister would push for more aggressive monetary and fiscal policies, boosting shares of exporters like Sony Corp.
Organisations around the world are slowly working towards an integrated software solutions model to achieve their goals. The CFO of Tata Capital, Govind Sankaranarayanan tells moneycontrol.com's Chelsea Saldanha how his company is incorporating technology in its daily business activities.
Invest in financial companies with long term perspective, says Vikas Pershad of Veda Investments.