Speaking to CNBC-TV18 on the sidelines of Antique Investor Conference, Kirti Doshi and Dharmesh Dalal said structural changes in economy are seen at grassroots level and may start reflecting in earnings too in the next 2-3 quarters.
Kirti Doshi, Promoter, Antique Stock Broking advises to hold NTPC and NMDC from two-three years perspective.
Kirti Doshi, promoter, Antique Stock Broking believes most negative newsflow is already priced in now, so some stability in market is likely post the recent correction.
The Land Acquisition bill and the urea investment policy have been cleared by the Union cabinet and to know about the market reaction and the expectation Kirti Doshi of Antique Stock Broking spoke to CNBC-TV18.
After a slew of reforms from the government, the market has reacted well and it has contributed to the overall sentiment, feels Kirti Doshi, Promoter, Antique Stock Broking. According to him, there may be 1-2 percent downside from the current levels but, it will continue to move ahead.
Buy SpiceJet and Oil India, says Kirti Doshi, Promoter, Antique Stock Broking.
JSW Energy is a best bet, says Kirti Doshi, Promoter, Antique Stock Broking.
Indian brokerage Way2Wealth Securities is in talks to buy Antique Stock Broking Ltd for up to USD 61 million, two sources with direct knowledge of the matter told Reuters.
Kirti Doshi of Antique Stock Broking suggests investors to start investing and pick stocks in October because the market may complete its downward journey in October. "Earlier bottoms also completed their journey in October," he added.
RBI's inflation stance spooked the markets. The absence of any surprise on the rate front cheered the markets, but the fine print especially on inflation, spoilt sentiment. The Nifty shut shop at 5,687, down 56 points, the Sensex shut shop at 18,969 down 181 points. Experts see further downside and volatility ahead.
Kirti Doshi, Promoter, Antique Stock Broking is bullish on commercial vehicle segment.
Buy ICICI Bank and SBI, says Kirti Doshi, Promoter, Antique Stock Broking.
2011, so far, hasn't been brilliant for the stock market. But Kirti Doshi, promoter, Antique Stock Broking believes that the worst is behind us and expects 5,600 to be a strong base for the markets.