The Indian market snapped a two-day losing streak to close with moderate gains in a highly volatile session on June 2. At close, the Sensex was up 118.57 points or 0.19 percent at 62,547.11, and the Nifty was up 46.30 points or 0.25 percent at 18,534.10. For the week, the benchmarks ended flat with Sensex adding 45.42 points and Nifty rising 34.75 points. Here are some of the market experts who helped decode the sentiment and shared some insights on the investing landscape.
For the upcoming week, the Nifty is likely to take support at 12,000 and 12,250 would be a stiff resistance level.
Since markets are trading near the record high, some consolidation cannot be ruled out in the benchmark indices in the near term.
Watch the interview of Prakash Gaba of prakashgaba.com and Gaurang Shah of Geojit BNP Paribas who shared their readings and outlook on specific stocks and sectors.
Watch the interview of Prakash Gaba of Technical Analyst & Avinnash Gorakssakar of Market Expert who shared their readings and outlook on specific stocks and sectors.
Watch the interview of Ram Pitre a Market Expert with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities market.
Market expert SP Tulsian of sptulsian.com is positive on PTC India, a power trading company which is going to be a big beneficiary of the huge capex in the transmission and distribution space and the huge offtake of power by the discoms.
Watch the interview of Avinnash Gorakssakar, Market Expert and Sandeep Wagle of powermywealth.com with Surabhi Upadhyay & Nigel D'Souza on CNBC-TV18, in which they shared their reading and outlook on market and specific stocks.
Watch the interview of Avinnash Gorakssakar, Market Expert and Prakash Gaba of prakashgaba.com with Surabhi Upadhyay & Nigel D'Souza on CNBC-TV18, in which they shared their reading and outlook on market and specific stocks.
Avinash Gorakssakar, Market Expert is of the view that Repco Home Finance looks strong in long term and could definitely give a better risk reward ratio if investors can even hold for the next 12-15 months.
In an interview to CNBC-TV18 Anand Tandon, Market Expert, shared his reading and outlook on the market.
In an interview to CNBC-TV18‘s Anuj Singhal and Sonia Shenoy, Rakesh Arora, a Market Expert spoke about the metal space.
Watch the interview of Sandeep Wagle of powermywealth.com & Shahina Mukadam an Independent Market Expert who shared their readings and outlook on specific stocks and sectors.
Watch the interview of Prakash Gaba of prakashgaba.com and Avinnash Gorakssakar of Market Expert with Mangalam Maloo and Surabhi Upadhyay on CNBC-TV18, in which they shared their reading and outlook on market and specific stocks.
Watch the interview of Prakash Gaba of prakashgaba.com and Avinnash Gorakssakar, Market Expert with Nigel D‘souza and Surabhi Upadhyay on CNBC-TV18, in which they shared their reading and outlook on market and specific stocks.
Watch the interview of Avinnash Gorakssakar, Market Expert and Sandeep Wagle of powermywealth.com with Nigel D‘souza and Surabhi Upadhyay on CNBC-TV18, in which they shared their reading and outlook on market and specific stocks.
Market expert Anand Tandon says there is a higher probability of the market declining than being range-bound, because quarterly earnings broadly have not given a reason to the investors to be happy.
Watch the interview of Avinnash Gorakssakar an Market Expert and Sandeep Wagle of powermywealth.com who shared their readings and outlook on specific stocks and sectors.
Watch the interview of Avinnash Gorakssakar, Market Expert and Sandeep Wagle of powermywealth.com with Nigel D‘souza and Surabhi Upadhyay on CNBC-TV18, in which they shared their reading and outlook on market and specific stocks.
Watch the interview of Avinnash Gorakssakar of Market Expert and Prakash Gaba of prakashgaba.com with Ekta Batra and Surabhi Upadhyay on CNBC-TV18, in which they shared their reading and outlook on market and specific stocks.
Market expert, Anand Tandon, says longer-terms investors need to book profits and wait for better price to enter the market again.
2016 is going to be a ‘year of action‘ for the government, says Ambareesh Baliga especially if they desire to get back again in 2019.
According to Ambareesh Baliga, Market Expert, one can prefer Lupin from pharma space.
Ambareesh Baliga, Market Expert feels that Idea Cellular may slip to Rs 110-115.
Ambareesh Baliga, Market Expert is of the view that Tourism Finance Corp may move to Rs 85-90.