This ongoing tug-of-war between FIIs and DIIs is likely to play a crucial role in determining the direction of the market this week.
Some of our top ideas include names like Tata Motors, ICICI Bank, SBI, ITC, Britannia, Hindalco, Colgate Palmolive India, Crompton Consumer, IOC Ltd, RBL Bank, Manpasand Beverages, Ultratech Cements and JK Cement, he said.
Shirish Rane, Head of Research, IDFC Securities speaking about the impact of demonetisation by the government said demand, particularly that created by unaccounted money, is sure to be impacted.
Nick Parsons, Head of Research, National Australia Bank in an interview to CNBC-TV18 spoke about the likely reason for the steep fall in the sterling pound.
Triton Valves is India's largest manufacturer of automotive tyre tube valves, valve cores & accessories with most auto majors and tyre companies as its clients.
If market were to rerate sharply post elections then cyclical stocks could outperform, saysRakesh Arora, Head of Research, Macquarie Capital Securities. He believes Larsen and Toubro along with few private banks like Axis Bank and ICICI Bank are the stocks to own.
Rajesh Agarwal, Head of Research, Eastern Financiers Limited feels one should hold Jaiprakash Associates with a target price of Rs 80.
Aashish Tater, Head of Research, Fortunewizard.com advises to exit from TTK Prestige at current levels as there is limited upside in the stock.
Aashish Tater, Head of Research, Fortunewizard.com advises to book profit in JM Financial and re-enter in it at lower levels.
Aashish Tater, Head of Research, Fortunewizard.com recommends to invest in Karur Vysya Bank for 25-30 percent returns in one year.
State Bank of Bikaner and Jaipur (SBBJ) has target of Rs 530 over the next 12-15 months, says Aashish Tater, Head of Research, Fortunewizard.com.
Rajesh Agarwal, Head of Research at Eastern Financiers Limited is of the view that one can sell Aptech at around Rs 70. “The buyback which they have announced is to a maximum price of Rs 82 and that would be done through stock exchange option and not through the open offer, he adds.
One can buy Oil India, says Rajesh Agarwal, Head of Research at Eastern Financiers Limited. “With subsidy burden going down I think it is going to be a big positive for companies like Oil India, Oil and Natural Gas Corporation (ONGC) because diesel prices have been hiked month on month basis, he adds.
One can buy Tata Motors at around Rs 300 levels with a price target of Rs 350-360 in the next six-nine months, says Rajesh Agarwal, Head of Research at Eastern Financiers Limited.
One can buy Tata Steel at Rs 300 with a price target of Rs 360 in the next 9-12 months, says Rajesh Agarwal, Head of Research at Eastern Financiers Limited.
Rajesh Agarwal, Head of Research, Eastern Financiers Limited is of the view that Coal India is a very good investment bet for a longer term horizon a target of Rs 374-400 in the next one year.
Rajesh Agarwal, Head of Research, Eastern Financiers Limited is of the view that one can continue hold on Sintex Industries with a price target of Rs 65 in the next three-six months timeframe.
Rajesh Agarwal, Head of Research, Eastern Financiers Limited suggests sell Allahabad Bank at this point of time and switch to Bank of Maharashtra.
Rajesh Agarwal, Head of Research, Eastern Financiers Limited is of the view that one can hold SKS Microfinance for one year and can expect the target of Rs 160 for the stock.
Rajesh Agarwal, Head of Research, Eastern Financiers Limited is of the view that one can continue to hold Jain Irrigation Systems and book profit around Rs 80.
According to Aashish Tater, Head of Research of Fortunewizard.com, one can switch from Axis Bank to ING Vysya Bank. He feels ING Vysya is likely to hit a target of Rs 750 in one year period.
Rajesh Agarwal, Head of Research, Eastern Financiers Limited is of the view that one should sell Rural Electrification Corporation (REC) on rally.
According to Rajesh Agarwal, Head of Research at Eastern Financiers, one should continue to hold NTPC with a target price of Rs 175.
One can easily see Rs 86 in Anant Raj from next six to eight months perspective, says Aashish Tater, Head of Research, Fortunewizard.com.
One can go long on Indiabulls Power for the first target of Rs 15-15.50, says Aashish Tater, Head of Research, Fortunewizard.com.