“Global liquidity is ripe right now,†Pashupati Advani of GlobalForay says adding that small amount coming into India is pushing up the market.
Most of the expectations of a good monsoon driving rural demand and in effect earnings has been priced in feels Nilesh Shetty of Quantum AMC who prefers to raise cash levels by trimming stock positions if the market continues to rally.
According to Pashupati Advani of Globalforay, one may prefer pharma and healthcare space.
Pashupati Advani of Globalforay is of the view that one may prefer HPCL from oil marketing companies.
Pashupati Advani of Globalforay is of the view that one may prefer IT and pharma space.
Jai Bala of 1857 Advisors is bullish on the Nifty and sees it at 9300 from a two to three months timeframe. According to him, it would be great if Nifty were to pull back to around 8,310 or 8,240. "That will be a sizeable correction for the short-term move and then if it takes out 8490, it will be a very good base for the market," he adds.
Global investors‘ mood towards India has definitely changed and that has been weighing on local equities. This may continue to weigh on the India stock market over the next two-three months, and which may fall by about 20 percent, believes Pashupati Advani.
Manas Jaiswal of manasjaiswal.com feels any dip in the market is a great buying opportunity, as Nifty can breach records and soar higher backed by banking stocks.
In the debate between cyclicals and defensives, Pashupati Advani of NBIE says cyclicals will be fine as long as interest rates are low.
For rupee investors with a long-term time horizon, this is the time to buy on dips, says Pashupati Advani of NBIE.
The market is likely to perform better in July as inflows from HUL open offer would bring almost USD 5 billion to India, says Pashupati Advani of NBIE. One can look at buying high beta stocks when the market is on its way up.
The market seems quiet on the concern of a potential downgrade. However, foreign institutional investors (FIIs) continue to buy and that is good for the market.
India Inc confident as mood in EU, globe worsens: Survey
Pashupati Advani, analyst at NBIE discuss the outlook of Indian equities market in the face of falling gold prices and its impact on investor sentiment.
In an interview with CNBC-TV18, Pashupati Advani of NBIE, spoke about his reading and outlook on the markets. He also talks about the impact of fiscal cliff on the markets globally.
Prestige Estates is a good bet in real estate space, says Pashupati Advani, NBIE.
LIC Housing Finance and Marico are looking good at current levels, says Pashupati Advani, NBIE.
Pashupati Advani, Advani OTC Dealers view on IT sector.
Pashupati Advani, Advani OTC Dealers view on infra sector.
The market extended their winning streak to eight straight sessions, but the day was not without its drama. Expiry jitters set in mid-session and the market actually slid into the red. But smart gains in blue-chips like Reliance, helped the markets post a smart recovery.