Kr Choksey Shares

Talking to CNBC-TV18, experts Manan Lahoti of Luthra & Luthra, Deven Choksey of KR Choksey Shares and Sandeep Parekh of Finsec Law Advisors gave their views on the new SEBI norms.

Prefer SBI, Tata Motors: Deven Choksey

According to Deven Choksey of KR Choksey Shares, one may prefer State Bank of India and Tata Motors.

Here's why banks may not be good bets despite rate cut

In an interview to CNBC-TV18, Deven Choksey, KR Choksey Shares and Securities shares his views on the rate cut by the RBI, market and his preferred bets going ahead.

'Bullish on CV space; like Ashok Leyland, Advanta Seeds'

Deven Choksey of KR Choksey Shares believes many of the midcap stocks are doing rather well. He likes Advanta Seeds, which came out with good set of numbers. He says given its presence in six continents, the company is likely to do well within the agro space.

Add SBI, Axis Bank, ICICI Bank in portfolio: Choksey

Deven Choksey, MD of KR Choksey Shares suggests adding IndusInd Bank, Axis Bank and ICICI Bank in the portfolio.

Prefer Tata Steel, Hindalco, Sesa Sterlite: Choksey

Deven Choksey, MD of KR Choksey Shares is of the view that one may prefer Tata Steel, Hindalco Industries and Sesa Sterlite to add into the portfolio.

Prefer Maruti Suzuki, Tata Motors, Bajaj Auto: Choksey

Deven Choksey, MD of KR Choksey Shares suggests to prefer Maruti Suzuki, Tata Motors and Bajaj Auto within the auto space.

Prefer Godrej Properties, Mahindra Lifespace: Choksey

According to Deven Choksey, MD of KR Choksey Shares, one may prefer Godrej Properties and Mahindra Lifespace from real estate space.

Nifty may correct, but has good support at 6000: Choksey

In an interview to CNBC-TV18, Deven Choksey, MD of KR Choksey Shares spoke about his reading of the market and his outlook on a few stocks

See 7-8% growth in IIP nos, going forward: Venugopal Dhoot

Venugopal Dhoot, CMD, Videocon, says interest rates are expected to fall, domestic production will be taking place and IIP number will improve further and there was a time when IIP numbers were around 7-8 percent. Those times will come back.

Nifty may touch 5200 if Re appreciates to Rs 51/$: Choksey

For Nifty to touch 5,200 levels the rupee will have to appreciate to Rs 51 per dollar and under. Deven Choksey,MD, KR Choksey Shares said,"If rupee shows the signs of appreciation and we see FII flow coming in then probably one could see that level of 5,200-5,250."

Hero MotoCorp drives to a life high, auto index down 5% YTD

Hero MotoCorp shares rose to a life high of Rs 2,231.95 on Friday, riding on investors’ hopes that the two-wheeler major’s sales will continue to shine even as overall outlook for the automobile sector, and for passenger cars in particular, remains cloudy due to expensive loans and high fuel prices.

Tata Motors tumbles on poor Q1 results, slowdown fears

Shares of Tata Motors slipped more than 3% Friday as the market gave a thumbs down to the below-than-expected first quarter earnings and worsening outlook for the company.

Palm oil price fall to ease HUL, Godrej's margin pressures

Fast moving consumer goods major Hindustan Unilever and local rival Godrej Consumer Products is likely to get some respite from declining margins due to a drop in prices of palm oil, a key raw material for their soaps.

Auto stocks to remain subdued near-term; RBI policy eyed

Auto shares are likely to remain subdued in the near-term as negative pressures from rising interest rates and fuel costs slows vehicle sales growth.

Tata Global shares tank on dismal results, CEO departure

Shares of Tata Global Beverages extended Tuesday’s losses and slid over 4% Wednesday as the weak results for 2010-11 (April-March) disappointed investors. The unexpected departure of chief executive officer Peter Unsworth also surprised the market.

Ashok Leyland Q4 net up 34% on strong sales, price hikes

Commercial vehicle maker Ashok Leyland beat market expectations as fourth quarter (January-March) net profit rose 34% year-on-year to Rs 298.23 crore on the back of robust sales growth and improved realizations.

Infy nos no more yardstick for sector, TCS may outperform

Infosys Technologies once used to be a benchmark for the I-T sector, but not any more, say analysts

FIIs shifting to dollar assets hurting mkt: KR Choksey

In an interview with CNBC-TV18, Deven Choksey, MD, KR Choksey Shares said that it was a clear case of FIIs selling and investing in dollar assets. He said a close below 5550 could probably take the Nifty further down to 5430 levels.