Manoj Singla of Religare Capital Markets expects markets to trade with a negative bias for a few months. "The chance of a test of 4800 on the Nifty is not ruled out," Singla said.
Dish TV is a top pick, says Manoj Singla, MD & Co- Head Product, Religare Capital Markets.
Manoj Singla, Religare believes that barring a strong resurgence in global capital flows the rupee will remain strained and a strong overhang on the markets.
Earnings depression is likely to persist this quarter, says Ridham Desai of Morgan Stanley.
Manoj Singla, MD & Co- Head Product, Religare Capital Markets advice investors to buy ITC around Rs 180- 190.
SBI has target of Rs 2800, says Manoj Singla, MD & Co- Head Product, Religare Capital Markets.
Larsen and Toubro (L&T) is a best bet at current level, says Manoj Singla, MD & Co- Head Product, Religare Capital Markets.
The market is holding horses before the three big events- Rail Budget, credit policy and Union Budget lined up this week. However, there are some experts who are not so hopeful at all.
It was a quiet and range-bound session for the Indian market. Sluggish global cues and nervousness ahead of Tuesday's credit policy kept frontline indices in a narrow range. Experts say the market is tiring out now. They are waiting for RBI’s action to take a call on the market.
Hero Motocorp is a top pick in the auto space, says Manoj Singla, MD & Co- Head Product, Religare Capital Markets Ltd.
Buy ONGC at Rs 250, says Manoj Singla, MD & Co- Head Product, Religare Capital Markets Ltd.
Manoj Singla, MD & Co- Head Product, Religare Capital Markets Ltd is negative on Coal India.
Buy Larsen and Toubro (L&T) around Rs 1000-1100, says Manoj Singla, MD & Co- Head Product, Religare Capital Markets Ltd.
It is not been very bad third quarter performance of most of the companies announced till now. However, Reliance Industries results was very disappointing along with the dampener buyback offer.
Manoj Singla, MD & Co- Head Product, Religare Capital Markets Ltd is positive on Reliance Industries (RIL).
Manoj Singla of Religare feels that Global and Indian macro risks are both unlikely to ease quickly in 2012.
Manoj Singla, Religare Capital Markets is overweight on banks.
Mahindra and Mahindra (M&M) and Tata Motors are top picks, says Manoj Singla, Religare Capital Markets.
Stay away from Maruti Suzuki, says Manoj Singla, Religare Capital Markets.
The second quarter result of Infosys came in line with the market expectations. The company reported consolidated net profit of Rs 1,906 crore, up 10% from a year ago, while revenue was up around 17% to Rs 8,099 crore.
For Nifty, CLSA remains bearish against the 5200-5300 level with an expectation that the downtrend will reassert itself. Initial support is seen at 4718 and then at 4250.
We expect the RBI to raise interest rates by 25 bps in its policy review on June 16 and a further 25 bps in subsequent policy before pausing.
Manoj Singla, MD & Co- Head Product, Religare Capital Markets Ltd is not positive on infrastructure sector.
In an interview with CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee, Manoj Singla, managing director and co- head of product at Religare Capital Markets spoke about his reading of the market and the road ahead as far as the SBI stock is concerned.
Maruti Suzuki India is a top pick in the auto space, says Manoj Singla, MD & Co- Head Product, Religare Capital Markets Ltd.