According to Ajay Jain, CEO of astromoneyguru.com, 2014 will be a milestone for economy.
L&T's facilities at Sohar in Oman are already the company's largest manufacturing footprint outside India - far larger than its plants in China, South East Asia and Europe - and are actively contributing to the economic growth of countries in the region, the company said in a statement.
dIndia's biggest cities face a worsening shortage of migrant manual labourers like 26-year-old Charan, who goes by only one name.
Ashish Chaturmohta of Fortune Equity Brokers feels that Ranbaxy Laboratories and Lupin are looking good for 8-10 percent upside from current levels.
According to Ashish Chaturmohta of Fortune Equity Brokers, Ranbaxy Laboratories may touch Rs 530 as it has seen a very significant addition of open interest (OI). BHEL looks strong, he adds.
Ambareesh Baliga, Managing Partner-Global Wealth Management at Edelweiss Financial Services feels that Bharat Heavy Electricals (BHEL) may move up by Rs 10-15.
According to Ambareesh Baliga, market is bullish and the interest is now shifting to the midcaps and the smallcaps. In the last few days, the index is where it has been for a while whereas the midcap and the smallcap stocks shooting up and that will be seen in January series as well.
Brokerage house Angel Broking is bullish on Larsen and Toubro (L&T) and has recommended 'Buy' rating on the stock with a target price of Rs 1237 in its research report dated December 23, 2013.
According to Sudarshan Sukhani of s2analytics.com, one may stay invested in Larsen and Toubro as the stock may head higher in the next one year.
GAIL | GSK Pharma | Axis Bank | Wipro | ICICI Bank | Larsen and Toubro | IOC | Infosys | Financial Technologies | United Spirits and United Breweries Holdings are stocks, which are in the news today.
"Alstom T&D India has been awarded two contracts with a total value of Rs 298.3 crore to supply two gas-insulated substations (GIS) at Wangtoo and Gumma in Himachal Pradesh," an official statement said.
According to Ventura Securities, market may open on negative note on the back of weak global cues.
Sudarshan Sukhani of s2analytics.com is of the view that one may avoid Larsen and Toubro and Tata Motors.
Dipan Mehta is positive on the pharma industry given the pick up seen in the US. However, cautions that downside risk for some India pharma companies is the US FDA action.
Madhu Kela sees this market as a bottom-up one, in which investors will have to focus on companies. He expects economic growth to remain challenged and sees contracting balance sheets reflecting in weak growth for many companies.
Beaten down PSU energy stocks are trading at reasonable valuations. Those looking to play the election theme, acn bet on them, said Sanjeev Prasad of Kotak Institutional Equities.
Brokerages advise on going long on Bharti Airtel and Larsen and Toubro and recommend buying United Phosporous.
Hemant Thukral of Aditya Birla Money feels that the Nifty has the potential to test lower levels of 5,800-5,750, so one could sell it at 5,910.
The market has opened on a stable note with the Sensex gaining around 100 points. The Sensex opens at 20263.97 up 104.85 points while the Nifty gains 32.50 points at 6064.30.
Tarang Bhanushali of IIFL believes the company is unlikely to disappoint execution wise on the topline. But concerns on company's margins remain, so the street may reduce estimates going forward.
Ambareesh Baliga, Edelweiss Financial is bullish on market and does not see too much downside from here. He feels the liquity in flows will continue in emerging markets like India.
After a year and a half, L&T's mega-restructuring drive is nearly complete. The 6 big non-core businesses have been hived off, and only a few more smaller businesses remain. The non-executive chairman, AM Naik, has begun work on taking L&T to the next step, reports Kritika Saxena of CNBC-TV18.
Though manufacturing companies saw a strong growth in January, the sector has been grappling with slack demand and moderate orders for a while now. The manufacturing sector grew 2.7 percent in January compared to a decline of 0.7 percent the previous month.
Larsen and Toubro has reported a sales turnover of Rs 11,955.35 crore and a net profit of Rs 863.65 crore for the quarter ended Jun '12
Despite concerns of margin pressure and cancellation of orders, Nischal Maheshwari of Edelweiss tells CNBC-TV18 that BHEL is a good bet at current valuations.