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Experts wary of PSU banks, think current correction healthy

Market expert, Jai Bala of Cashthechaos.com believes that Nifty is undergoing a short-term healthy correction.

Bullish on HUL, Britannia Industries top pick: Jai Bala

Jai Bala of Cashthechaos.com is bullish on HUL and has Britannia Industries as the top pick from the FMCG space.

Cipla top bet from pharma space, says Jai Bala

Jai Bala of Cashthechaos.com is of the view that Cipla is the top bet from the pharma space.

Buy Phillips Carbon Black, target Rs 180-200: Jai Bala

Jai Bala of Cashthechaos.com is of the view that one can nibble into Phillips Carbon Black for a target of Rs 180-200.

Above Rs 1100, Reliance Industries may test Rs 2200: Jai Bala

Jai Bala of Cashthechaos.com is of the view that above Rs 1100, Reliance Industries may test Rs 2200.

Karur Vysya Bank top pick, says Jai Bala

Jai Bala of Cashthechaos.com is of the view that Karur Vysya Bank is the top pick from the banking space.

Suzlon Energy may head above Rs 40, says Jai Bala

Jai Bala of cashthechaos.com is of the view that Suzlon Energy may head above Rs 40.

Look at SBI: Jai Bala

Jai Bala of cashthechaos.com is of the view that one may look at State Bank of India.

ICICI Bank may head lower: Jai Bala

Jai Bala of cashthechaos.com is of the view that one may see downside in ICICI Bank.

Look at Elecon Eng, EIH Hotels, Balmer Lawrie: Jai Bala

Jai Bala of cashthechaos.com is of the view that one may look at Elecon Engineering, EIH Hotels and Balmer Lawrie.

BHEL may test Rs 330, says Jai Bala

Jai Bala of cashthechaos.com is of the view that BHEL may test Rs 330 and feels that Reliance Industries may rise by 10-12 percent.

Expect correction in banking space, says Jai Bala

Jai Bala of cashthechaos.com is of the view that one may see correction in banking space and is also cautious in it.

Prefer Exide Industries, BEML: Jai Bala

Jai Bala of Cashthechaos.com is of the view that one may prefer BEML and Exide Industries.

Axis Bank, YES Bank top picks: Jai Bala

Jai Bala of Cashthechaos.com is of the view that Axis Bank and YES Bank are the top picks.

Current bull mkt still young; like L&T, pvt banks: Experts

Jai Bala feels most stocks having the name Bharat would perform well. So, he is upbeat on BEML, BHEL and L&T.

Go short on TCS, may decline to Rs 1350: Jai Bala

Jai Bala of cashthechaos.com advises going short on TCS. He expects the stock to decline to about Rs 1350.

Go long on Chambal Fertilisers: Jai Bala

Jai Bala of cashthechaos.com advised going long on Chambal Fertilisers and Chemicals for a target of Rs 56.

Go long in Glenmark, target of Rs 540: Jai Bala

Jai Bala of cashthechaos.com advised taking long positions in Glenmark Pharma. He expects a target of Rs 540 on the stock.

See good chance of Nifty breaching 5583 today: Jai Bala

Chief market technician Jai Bala of Cashthechaos.com sees a good chance of the Nifty breaching October 31 low of 5,583 levels today. The market may not be able to test new highs, if it drifts below that level, he cautioned.

Grasim Industries can test Rs 3800: Jai Bala

Grasim Industries can test Rs 3800, says Jai Bala of cashthechaos.com.

Expect new lows in Reliance Industries: Jai Bala

Expect new lows in Reliance Industries, says Jai Bala of cashthechaos.com.

Jai Bala positive on Yes Bank

Jai Bala of cashthechaos.com is positive on Yes Bank.

Suzlon Energy refutes talk of Alstom eyeing REPower

Suzlon Energy has refuted the talk of Alstom eyeing REPower, reports CNBC-TV18. Meanwhile, in the month of March 2012 REPower has got 750 million euro bank loan.