Sachin Shah, Fund Manager at Emkay Investment Managers is positive on oil & gas space including ONGC and GAIL India.
Gautam Shah, associate director & technical analyst, JM Financial feels that Nifty may stumble, but India will outperform the globe
From the auto space, the fund house is betting on Hero MotoCorp.
CNBC-TV18‘s Shereen Bhan sat down with Banmali Agrawala, President and CEO-South Asia, GE; Vipul Tuli, Director, McKinsey & Company; SC Tripathi, Former Oil Secretary; Vikram Singh Mehta, Chairman of the Brookings India Institute and P Elango, CEO of Cairn India to discuss how can the country meet its challenges in the oil and gas space.
Dhirendra Tiwari, Head of Research at Antique Institutional Equities prefers Bharat Petroleum Corporation (BPCL) from oil & gas space.
Indian companies signed as many as 360 private equity deals totaling USD 8.9 billion in the January-October period of this year, registering an increase of 33 percent over the corresponding period a year ago.
For Q1, the subsidy burden has fallen by about 48 percent and that is why upstream companies are now paying Rs 15,000 crore, which is the same as last year and the rest is being paid by the government, which is around 40 percent; 60 percent is coming from upstream companies
In an interview to CNBC-TV18, Atul Badkar of Edelweiss Securities said that post 31st December they have seen a very quick move of 2% on the Nifty and the market in the next few trading sessions should be in the range of 6100-6150.
See 7-10% downside potential in oil and gas space, says Gautam Shah, JM Financial.
Ratnesh Kumar, Managing Director and CEO, Standard Chartered Capital Markets, in an interview on CNBC-TV18 gave his views on how he read the budget presented by finance minister Pranab Mukherjee for financial year 2011-12.
Shardul Kulkarni of Angel Broking is bullish on oil and gas space.