Foreign investors are looking beyond the traditional large-cap spaces of banking, IT or consumption names, towards 'new ideas', said Jefferies.
Strong retail inflows, through the mutual fund route, have neutralised much of the FII selling this year, so far
FIIs have sold equities worth almost $2 billion in the first 13 sessions of the year — probably the worst FII sell-off witnessed in January over the last two decades.
Ajay Tyagi feels that a robust margin system is important for protecting the interests of retail investors.
Hemant Kanawala, Head Of Equity at Kotak Mahindra Life Insurance expects no downside to the markets. Due to lack of any major triggers other than the Budget in the near-future, he does not see an upside to the market as well.
Udayan Mukherjee said that the momentum is with developed markets right now which is reflected in the US market rally.
The Reserve Bank of India has allowed Foreign Institutional Investor (FII) and Registered Foreign Portfolio Investment (RFPI) to invest in Axis Bank up to 74 percent from 62 percent earlier.
The bad loan issue may continue for Axis Bank and ICICI Bank, said Dilip Bhat, Joint MD at Prabhudas Lilladher, adding, he prefers Infosys and TCS in the IT space.
Significant liberalisation of foreign direct investment (FDI) norms in a host of sectors including insurance, pension, ARCs and stock exchanges in the Union Budget to attract more foreign investment and the government's commitment to its fiscal deficit target also largely weighed on the trade.
The stock market is unlikely to witness too many earnings downgrades from hereon as it is going into the second quarter earnings with muted expectations, says Manish Gunwani, senior fund manager with ICICI Prudential Asset Management Company.
While talking to the CEOs, Modi said his government strongly supports Public Private Partnership. "GDP growth last year was 7.3 percent. There has been a 40 percent increase in FDI; WB, IMF," he said.
The data on Wholesale Price Index (negative 4.9 percent) and Consumer Price Index (3.66 percent) continue to reflect a benign inflationary environment, said ratings and research firm Ind-Ra
"(Prime Minister Narendra) Modi has taken a big stand on the global stage on essentially talking about India and its economic journey," Assistant Secretary of State for South and Central Asia Nisha Desai Biswal said, noting that after he came to power there has been a huge amount of interest in the US private sector.
Krishna Kumar Karwa, MD, Emkay Global Financial Services believes it is possible to see the market take out new highs before the first half of FY15. But for it to sustain, it has to be supported by earnings growth, he cautions.
The markets guess is it is Glaxo bringing in the money - Rs 6400 crore for its open offer almost amounting to a billion dollars and therefore the same kind of rally in the rupee today like the one seen yesterday cannot be expected because this is strictly a one-off.
Tarun Kataria, Religare Capital Markets told CNBC-TV18 that currently both the equity markets and currencies is on the weak side and the Nifty could see more pressure on the downside.
Foreign Institutional Investor (FII) numbers need to be watched as there is no better way to track this market, says Udayan Mukherjee, managing editor, CNBC-TV18.
Sanjay Shah of Morgan Stanley told CNBC-TV18 that liquidity in the Indian market will be better overall in H2FY14. He added that the depreciating rupee was not a matter of concern and is set to improve from here.
Dhiraj Sachdev, HSBC Asset Management told CNBC-TV18 that he is positive on tyre companies and expects them to benefit from falling rubber prices.
Singh said that the earnings season so far has been better-than-expected with positive surprises outnumbering negative ones. However, he cautioned that earnings upgrades were unlikely for the next six months.
Mecklai graph of the day: The Asian Debt market has been in a state of constant volatility as the dropping yields and the rising bond prices have made it look like an attractive sector to park investments.
Everyone knows the difference between the Olympics and the Paralympics. In the former, we learn how the limits to human achievement are being regularly
In an interview to CNBC-TV18, Karun Mutha of HSBC Invest Direct spoke about his reading of the market and the road ahead.
The rupee has touched a one-month high to closed at 54.134, on hopes of strong fund flows as the BSP lends support to the government on the FDI issue in the Rajya Sabha explains CNBC-TV18‘s banking editor Latha Venkatesh.
State-run insurance giant LIC and Government of Singapore have hiked their stakes in Reliance Industries with the purchase of shares worth over Rs 1,550 crore during the last quarter.