Janet Yellen hasn‘t yet come out and spoken about a possibility of September hike but in case Fed hikes in September then it will be taken as a big negative at least for few weeks, said Manish Kabra of BoA-ML Global Research.
In an interview with CNBC-TV18, Prashant Mehra, Partner at Grant Thornton said that e-commerce has been the biggest contributor, as it clocked around 20 percent of the deal value for the M&A sector for the month of January.
At the same time, he underscored the importance of reforms. According to data of the Central Statistics Office (CSO), the economy is expected to grow at a 5-year high of 7.6 percent in the current fiscal.
"I am one of those who believe that we have learnt to live in the era of turmoils. Whether it was Greece crisis, or China devaluation or speculations about rate hike by the US Fed. Everyday, something or the other impacts the market. As policy planners, we can not really hedge our bets (on these factors)," Jaitley said
In an interview to CNBC-TV18, Bodke picks L&T, Cummins and Crompton Greaves as his best bets in the capital goods space from a medium-term perspective. He is also bullish on agri stocks like UPL, Tata Chemicals and PI Industries.
The global turmoil, the major concern lies in the slowdown of the manufacturing activity of the country and without revival in the industrial production it would be difficult to put the economy back on the high growth path, says Dr. Arun Singh - Sr. Economist, Dun & Bradstreet.
Calling the 2011 crisis as a 'more gradual slowdon' than the freeze in 2008, Mark Edwards of T Rowe Price says 2012 could be better for the emerging markets. Talking about India in particular, Edwards says he is ‘slightly overweight’ on India.
With so many options for investors to invest in right now, Masha Gordon of PIMCO tells CNBC-TV18's managing editor Udayan Mukherjee that she would never bat an eyelid at emerging markets based on headlines of their extraordinary growth.
CNBC-TV18's managing editor Udayan Mukherjee spoke to JPMorgan Asset Management’s Richard Titherington about the changing global landscape in these troubled times.
Software body Nasscom today said it remains confident about its projection for 16-18% growth of the Indian IT industry in FY'12 despite the economic uncertainty in the US and European markets.
It has not been a bad day at the market today, considering the turbulence seen and volatility experienced globally, says CNBC-TV18’s Udayan Mukherjee. He says the the genuine buying that was visible in some of the stocks today brings in a ray of hope into the otherwise gloomy market.
In an interview with CNBC-TV18, Sanjay Dutt of Quantum Securities, spoke about his reading of the market and the road ahead.
Amidst global uncertainties, people often start predicting the future rather than preparing for the same. Our expert Gaurav Mashruwala lists out things that you must take care of before entering the new financial year.