IIFL prefers private sector banks over state owned banks. It is betting on non-banking financial companies (NBFCs) as a rate cyclical play. Bajaj Finance, M&M Finance, Shriram City Union Finance are its top picks.
Aiming to transform itself into a bank of global scale, quality and size, Kotak Mahindra Bank is looking for acquisition opportunities within India on a top priority basis, its chief Uday Kotak has said.
Prefer Suzlon Energy to Punj Lloyd, says Atul Badkar, Senior Manager, Institutional Equities, Edelweiss Securities.
Stay invested in banking stock, says Atul Badkar, Senior Manager, Institutional Equities, Edelweiss Securities.
Buy State Bank of India, says Sanjeev Prasad, Institutional Equities, Kotak Instl Equities.
Stay away from the infrastructure space, says Sanjeev Prasad, Institutional Equities, Kotak Instl Equities.
Sanjeev Prasad, Institutional Equities, Kotak Instl Equities is not positive on automobile space.
ITC can bounce to Rs 170, says Atul Badkar, Senior Manager, Institutional Equities, Edelweiss Securities Limited.
Stay away from infrastructure space, says Atul Badkar, Senior Manager, Institutional Equities, Edelweiss Securities Limited.
IT companies will continue to do well for some more time, says Sanjeev Prasad, Institutional Equities, Kotak Securities Limited.
There is a more scope for disappointment in Larsen and Toubro (L&T) and Punj Lloyd, says Sanjeev Prasad, Institutional Equities, Kotak Securities Limited.
Buy banking stocks on dips, says Dhiraj Agarwal, Director, Institutional Equities, Standard Chartered Capital Markets.