Mohammed Apabhai

The market staged a spectacular performance in FY17, rising more than 17 percent against a loss of 9 percent in the previous financial year.

A bull case for Indian market: Nifty on track to climb mount 11000

The Indian market has already registered a 10 percent rally so far in the year 2017 and about 15 percent from the December low of 7,900.

Market Week Ahead: Consolidation likely before Sensex hits 30K; D-Mart listing eyed

All eyes in the coming week will be on listing of D-Mart operator Avenue Supermarts, the company owned by ace investor Radhakishan Damani, on March 21. Analysts expect the stock to cross Rs 450 on listing day, against its issue price of Rs 299.

Nifty likely to hit fresh record highs of 9,500-9,600 in 4-6 weeks: Mohammed Apabhai

The market is currently driven by global liquidity and it would be too early for investors to take money off the table, Apabhai of Citigroup has said. Yes, valuations do look extreme but investors should not worry about that too much and enjoy the liquidity party for a month of two.

Market is seeing low quality rally: Citi's Mohammed Apabhai

Mohammed Apabhai of Citi says that what the market is seeing currently is a low quality rally. Watch accompanying video for more.

Citi advises booking profits, says Nifty may lose 600 pts

Despite all the hoopla surrounding the positive newsflow from global markets, Mohammed Apabhai, Asia Pacific Trading Strategies Group of Citi advises maintaining a cautious stance on equities after the recent rally in the fourth quarter of 2012.

No major Fed action seen; bears may sell on let down: Citi

Mohammed Apabhai, Asia Pacific Trading Strategies Group, Citi believes that the positive newsflow from Greece is largely priced in at the moment.

Remain defensive; markets lack sense of direction now: Citi

A sketchy global environment has left investors looking for safe havens. After a troubled month of May, there are now hopes of June bringing in some clarity for markets. Mohammed Apabhai of Citi says the key events which everyone has an eye on are the Greek elections and the Federal policy meet.

Citi says high chance of mkt inching up post consolidation

Mohammed Apabhai of Citi says the move in the US 10-year yields had caught market by surprise.

New wave of liquidity to enter Asia in March: Citigroup

With the ECB poised to release funds again on Feb 28 via long term refinancing operations (LTRO), it is likely that a new wave of liquidity will enter Asia in March which will carry through to April, says Mohammed Apabhai of Citigroup.

Citigroup outlook on markets

We will watch S&P to see if it downgrades European countries, says Mohammed Apabhai, Citigroup.

All eyes on ECB's action on rates today: Citi

Mohammed Apabhai of Citi believes that the implications of a disorderly default in Greece would spread well beyond Europe and could result in a risk meltdown.

Expect Q2 revenue growth decline to 19%: Goldman Sachs

Vikram Sahu of Goldman Sachs expects a deceleration in Q2 revenue growth to 19% Vs 25% in Q1 on slowdown in domestic demand alongwith high interest expenses.

India looks attractive for first time since Sept 2010: Citi

While Asian stocks fell on Friday on the back of fear that US might slide into recession, Mohammed Apabhai of Citi Asia Pacific believes that Asian markets are in a cautious mode but no panic is seen as yet.

Nifty could see support at 5000 levels: Citi

Mohammed Apabhai of Citi said, declining crude and commodity prices should take off pressure in terms of inflation in India. He expects Nifty to see support at 5,000 level.

Crude hovering around $102/bbl: How bad is it for Asia?

Oil price is hovering above USD 102 a barrel as fierce fighting in Libya appears to have cut crude output in the OPEC nation more than previously estimated.

Asia slowing down before impact of rate hikes hit: Citi

Mohammed Apabhai, Head Asia Pacific Trading Strategies at Citi said money has been shifting back from emerging markets to the United States. “I think what there is, is talk of money shifting from emerging markets back into US, from the bond markets into the US.