Swati Kulkarni, Executive Vice President and Fund Manager, UTI MF is still cautious on pharma space and says one needs to have a stock specific approach there.
From the IT space, IV Subramaniam of Quantum AMC prefers largecap names over midcaps because big companies will be able to address large geographical markets like US, Europe etc.
Market is giving a decent opportunity to buy on dips, says Sachin Shah, fund manager, Emkay Investment Managers.
Prabhudas Lilladher has come out with its report on metal space. According to the research report, Tata steel, SAIL and JSW steel are least impacted.
Siddharth Bhamre of Angel Broking advises to go long in Coal India at current levels with a target of Rs 274 and stoploss at Rs 248.
Rahul Chadha of Mirae Asset Global Investments remains positive on consumer discretionary names. "Our underweights would be essential oil & gas, commodities and metal space," he adds.
Parag Doctor, Keynote Capital advice traders to book partial profits in banking stocks and should remain cautious in IT & metal space.
Hemant Thukral, Aditya Birla Money says that metal space may remain under pressure.
Emkay Global Financial Services has come out with its report on metal space.
Emkay Global Financial Services has come out with its report on metal space.
Motilal Oswal has come out with its report on metal space. "We have revised our earnings estimates for Hindustan Zinc (HZ) and Sesa Sterlite (SS) to factor in recent developments. We have cut HZ's FY13 EPS estimate by 10% to INR13.8 to factor 7% lower zinc production. "
PINC Research has come out with its report on metal space. The research firm downgrade Sterlite Industries, Sesa Goa and Hindustan Zinc to reduce.
PINC Research has come out with its report on metal space. The research firm recommends reduce rating on Hindalco.
Kunal Shah, head of research – Commodities at Nirmal Bang Commodities spoke to CNBC-TV18 about his strategies to play the commodity space to benefit. Check out his comments.
SP Tulsian, sptulsian.com shares his view on metal space.
In an interview to CNBC-TV18, head of equities at Fairwealth Securities, Sharmila Joshi feels the cycle for banks would turn if the investor has a two-year view point. She advised that ICICI bank is worth buying if it goes down below Rs 700 levels.
After yesterday's big bloodbath in the Commodity Research Bureau (CRB) Index, a lot of the commodities are in terrible pain. A combination of things and a lot of people are trying to exit the market at one time has helped contribute to this big sell off, said Jonathan Barratt of Commodity Broking Services.
PINC Research has come out with its report on metal space. The research firm recommends buying JSW Steel on dips.
S Naren, CIO Equity, ICICI Prudential has been overweight on metal space because he thinks that the impact of the currency should play a good role in giving returns to us.
Udayan Mukherjee, managing editor of CNBC-TV18 does a market wrap of the events and stock moves that brought the week to a close. He says that it has been a lackluster a trade that has left the market clueless about the direction Nifty will now take.
PINC Research has come out with its report on metal space. October 2011 witnessed sharp movements in prices of non-ferrous metals and iron ore, caused by uncertainty in resolution of the sovereign debt crisis in Europe.
Motilal Oswal has come out with its report on metal space.
Nitin Rakesh, Motilal Oswal AMC shares his view on metal space.
With the fear of global slowdown, the metal space has been witnessing a huge amount of volatility and depression for last couple of days. Former director of Tata Sons, JJ Irani sees a downward trend in the steel prices. He believes the steel producers will cut their losses by lowering production to maintain prices.
Rajan Malik, Head equities- Private client group, MF Global feels investors should avoid metal space at this point in time.