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One can select IndusInd Bank and Axis Bank from private banking space at current levels and hope to get about 15-20 percent in the next six months, says PN Vijay, Portfolio Manager.
According to Portfolio Manager, PN Vijay, one should not buy Suzlon Energy as lot of negatives are working on the company.
Portfolio Manager PN Vijay feels IT could be the best refuge for an investor in this bad market.
Portfolio manager PN Vijay feels that Maruti Suzuki has benefited from falling yen and raw material prices. He reckons that Maruti Suzuki will be a big beneficiary of the reduction of gap in petrol and diesel prices.
Portfolio Manager PN Vijay feels that midcap IT is in a slightly difficult zone because of the unpredictable nature of profitability. He recommends buying Mahindra Satyam at Rs 105 levels.
The RBI is doing a large OMO which has a very stabilizing aspect to the rates. Another OMO by the RBI where it sells dollars and buys rupee from banks is expected to stabilize the rupee a bit in the range of Rs 56-57 at least.
According to PN Vijay, portfolio manager of askpnvijay.com, if one has position in real estate, can hold on to them. But one should not add fresh positions in this fall, he adds.
Infosys would see some more speculative buying in a bad market, feels PN Vijay of askpnvijay.com.
PN Vijay of askpnvijay.com feels the market is very volatile and investors have to be very careful, but one can look for better times in June as compared to May. He says he is bullish on oil and energy sectors.
Market expert PN Vijay of askpnvijay.com says, in an interview to CNBC-TV18, that the fall in every segment of the GDP is worrying . He added that the rupee's fall was inflationary and reduced chances of RBI easing rates.
Britannia continues to be a buy for midcap investors. Bharti Airtel can be bought from a 12-18 month timeframe, recommends PN Vijay.
PN Vijay Portfolio Manager feels Larsen and Toubro (L&T) will reach closer to Rs 1,800 in the next 12 months.
Portfolio Manager, PN Vijay is bullish on L&T despite the stock falling heavily on Thursday. He is bullish on the real estate sector. Also, he suggests buying pharma stock Wockhardt, on dips.
One can prefer IndusInd Bank and Yes Bank in the private sector banking space, says PN Vijay, Portfolio Manager.
PN Vijay, Portfolio Manager is of the view that one can add Maruti Suzuki at every dip and the stock can touch Rs 2000 in the next 12 months.
One can exit some of his/her holdings in Reliance Communications, says PN Vijay, Portfolio Manager.
On the ground, PN Vijay says, its (political issues) impact on the actual macros of India like current account deficit or interest rates is going to be marginal.
According to PN Vijay, Portfolio Manager of askpnvijay.com, Hindustan Unilever (HUL) continues to be a hold at current levels.
PN Vijay, Portfolio Manager of askpnvijay.com advised buying Glenmark on all declines. He sees the stock touching Rs 600 in the next three-four months.
PN Vijay, Portfolio Manager of askpnvijay.com feels Reliance Infrastructure would be the best bet in ADAG pack.
PN Vijay, Portfolio Manager of askpnvijay.com said he would bet on HCL Tech. He likes business model of the company.
PN Vijay, Portfolio Manager of askpnvijay.com said that they are a bit overweight on private sector banks and very cautious on the PSUs.
PN Vijay, Portfolio Manager, www.askpnvijay.com feels improvement seen in India's macros has to be backed by good earnings from corporate India for the Nifty to breach above 6,000 levels.
Investment expert PN Vijay advised buying ITC. According to him, the FMCG space looks good now because of the confirmation that the monsoon will be good and the sustaining of rural demand.