Speaking to CNBC-TV18 Prabhat Awasthi of Nomura Financial Advisory said that on an overall basis the issues that are coming to the fore from the Tata stable are well known.
Speaking to CNBC-TV18 Prabhat Awasthi of Nomura Financial Advisory said that public sector banks have their own asset problems. He says that the capital issues still exist, but incrementally the news on non-performing assets has been better.
Sonal Varma of Nomura Financial Advisory spoke to CNBC-TV18 on the buzz surrounding a rupee devaluation to help exports. Yesterday, a news report suggested the commerce ministry was pressing hard for the Indian currency to depreciate against the dollar.
Market is not anticipating UK leaving Europe in the UK referendum vote, but if that happens then market could correct 4-5 percent, says Prabhat Awasthi of Nomura Financial Advisory.
Prabhat Awasthi of Nomura Financial Advisory believes private banks will rise higher as systemic growth picks up, though credit growth at the moment continues to be weak.
According to Tushar Mahajan - head of listed futures & options for India at Nomura Financial Advisory, one may prefer Glenmark Pharma.
Tushar Mahajan - head of listed futures & options for India at Nomura Financial Advisory is of the view that Lupin may continue to trade higher.
Tushar Mahajan - head of listed futures & options for India at Nomura Financial Advisory is of the view that one may prefer ICICI Bank, State Bank of India and Punjab National Bank.
Tushar Mahajan of Nomura Financial Advisory says selling in Bank Nifty on Wednesday dragged the market. He feels PSU banks will continue to remain under pressure as raising fresh capital will be an overhang.
Tushar Mahajan of Nomura Financial Advisory believes investors are now looking at the cement sector as a proxy for recovery in the infrastructure space.
In an interview to CNBC-TV18, Sonal Varma, India Economist at Nomura Financial Advisory said she sees inflation heading to undershoot RBI target.
Prabhat Awasthi, Head of Equities & MD, India of Nomura Financial Advisory is bullish on banks as compared to non-banking financial companies.
Jayesh Mehta, Managing Director & Country Treasurer, Bank of America is of the view that this interim Budget would be a short-term event because the there is a larger event around April.
Prabhat Awasthi, head of equity research & MD at India - Nomura Financial Advisory & Sec advised investors to have an overweight on technology sector. According to him, if there is any recovery globally then there will be some flow through into Indian IT which will ultimately flow into in numbers.
Prabhat Awasthi, head of equity research & MD at India - Nomura Financial Advisory & Sec is bullish on cement space as stock prices have underperformed and elections might be positive for the sector.
Prabhat Awasthi, head of equity research & MD at India - Nomura Financial Advisory & Sec said they continued to remain underweight on metals. According to him, they do not expect rosy news in metals going forward.
In a move that shocked the street, the Reserve Bank of India today raised repo and reverse repo rates by a higher-than-expected 50 basis points (bps) each. Bu
Sonal Varma and Aman Mohunta, economists at Nomura Financial Advisory observe that a combination of slower economic activity and high deposit interest rates has culminated into a moderation of credit growth and more deposit accumulation.