At Emkay within private sector banks they prefer ICICI Bank, HDFC, HDFC Bank over Axis. They have been overweight on IT and recommend buying Hexaware Technologies and eClerx Services.
To attracting foreign investment one needs to position yourself as an attractive investment destination for the future, on a long-term through the cycle basis, says V Shankar of Standard Chartered.
Nilesh of Axis Direct told CNBC-TV18 that foreign Institutions were positive on India until recently which is evident from 18 Nifty companies hitting all-time highs in March of this year. Even last month they have pumped in investments worth USD 3 billion, he said.
Today, one need not worry too much about the global cues because they are flat, but it appears that Nifty may also start flattish, maybe with a mildly negative bias like the rest of Asia, said CNBC-TV18's managing editor Udayan Mukherjee.
Getting loans from banks is all set to become tougher if a company has defaulted. The RBI is preparing to almost obliterate restructuring of loans from 2015. Restructured loans will be considered non-performing loans (NPL) starting April 2015.
I V Subramanium of Qauntum AMC, in an interview with CNBC-TV18's Anuj Singh and Latha Venkatesh, spoke about his reading of the market and his outlook.