It Space

Moshe Katri, MD of CRT Sterne Agee, believes Infosys has so far done an incredible job in reclaiming the lost market share and it must articulate on ways of transition of its legacy business into digital.

This could be the year for Indian IT sector: Dipan Mehta

With good earnings from companies in sectors like information technology, cement, auto, pharma and FMCG, investors have a huge trading opportunity, says Dipan Mehta, Member BSE & NSE.

Time to buy largecaps for long-term; like Asian paints: Experts

Mehraboon Irani, Nirmal Bang says the market currently seems to be at the depths of despair and generally when this happens, it gives rise to next leg of the bull market.

Breakout of Bank Nifty key for mkt; upbeat on IT: Experts

P Phani Sekhar, Karvy Stock Broking is constructive on the IT space. According to him the currency tailwinds along with the volume growth will provide the necessary returns for the companies.

Bounceback likely but short on every rise: Experts

Manas Jaiswal, manasjaiswal.com clearly believes one must short on every rise because the overall trend for the market is negative.

Be selective, shift focus to midcaps: Devang Mehta

According to Devang Mehta, Anand Rathi Financial Services one could reduce their exposure in IT and shift into capital goods space and NBFCs, which are likely to be beneficiaries of the improvement in capex spending

Mkt may decline; like IT, consumer space: Quantum AMC

From the IT space, IV Subramaniam of Quantum AMC prefers largecap names over midcaps because big companies will be able to address large geographical markets like US, Europe etc.

Avoid IT space, bullish on pharma: Andrew Holland

According to Andrew Holland of Ambit Investment Advisors, one may avoid IT space.

Positive on market, IT stocks look reasonable: Expert

The government is doing the right thing by focusing majorly on execution. Its recent steps will help the economy in the long-term, said independent market expert Dhiraj Agarwal.

Don't rush to buy stocks; let prices come to you: Udayan

There is a possibility that the market may drift lower from the current levels, says Udayan Mukherjee. According to him, on the fundamental side, a “dangerous cocktail” of poor earnings and steep valuations could have contributed to the recent correction

Market volatile; don't trade index, focus on stocks: Pros

Anand Tandon says the market is looking for a correction is absolutely justified because so far it has been a one-way rally.

Ajay Bagga bullish on IT space

Ajay Bagga of OPC Asset Solutions is bullish on IT space.

Mehraboon upbeat on HZL, Emami; says sell Asian Paints

Meharaboon Irani, Nirmal Bang Securities thinks one should remain invested in the IT space. He also suggesting picking up stocks like Hindustan Zinc, Emami but is wary of banking space for the next two quarters

Bet on IT, pharma, PSU banks for H12014: Cogito Advisors

Along with the market, banks too will find it difficult to breakout because of this political uncertainty. Similarly, other cyclicals like capital goods may not fall too much but may not rise either says Sangeeta Purushottam, Cogito Advisors.

Parag Thakkar bullish on IT space

Parag Thakkar, Head of Sales at HDFC Securities is bullish on IT space. "Once US and Europe demand environment is changing for the positive and if there are continued talks of tapering and all, rupee cannot appreciate significantly," he reasoned.

Sell FMCG, buy steel; see next upmove in cyclicals: Mowat

Indian shares could consolidate after the recent run up, feels Adrian Mowat of JP Morgan, but does not see uncertainty over the outcome of the general elections as a big dampener.

Prefer IT stocks, says Manish Sonthalia

According to Manish Sonthalia of Motilal Oswal AMC, one may prefer IT stocks with a view of one year as they will provide good returns.

Nifty may hit 6350 by year-end; to focus on pvt bks: Nomura

Tushar Mahajan, Nomura Financial Advisory & Securities believes the trend for the market is definitely up and the Nifty is likely to touch levels of 6350 by year-end.

Remain invested in IT stocks, advises UR Bhat

UR Bhat, MD of Dalton Capital Advisors advises to remain invested in IT stocks as there would be further gains there.

Sun Pharma may fall to Rs 440: Shardul Kulkarni

Shardul Kulkarni of Angel Broking is of the view that Sun Pharmaceutical Industries may fall to Rs 440. "Going forward we will see further decline in case of Sun Pharma. The stock has already given a breakdown, has now moved into a lower top, lower bottom cycle on the daily chart," he adds.

Rakesh Arora underweight on IT space

Rakesh Arora, head of research of India at Macquarie Capital Securities is underweight and a little bit negative on IT space.

Q1 earnings seen weak; bearish IT, NBFCs, cement: Macquarie

Arora is bearish on NBFC stocks, most of which are expensive at these levels, and cement companies, which are likely to report weak earnings for the June quarter.

Nifty will touch 5,970; no reason to exit Yes Bank: Baliga

Talking to CNBC-TV18, Ambareesh Baliga, managing partner-global wealth management, Edelweiss Financial Services says that market volatility will continue for a while. He says the Nifty could touch levels of 5,950-5,970, but to rally further, the market will have to be backed by strong fundamentals.

Will maintain vol expansion depite rupee fall: Persistent

Persistent Systems profits and margins have not been affected by rupee depreciation as the company hedges some of its revenues and will continue to adopt that strategy.

HCL Tech ends recruit-protests; absorbs 500

CNBC-TV18's Kritika Saxena reports that HCL Tech has completed its negotiations with the protesting fresh recruits and has has resolved the dispute by absorbing 500 of them.