On the F&O expiry this month, SP Tulsian of sptulsian.com said Nifty will gain at least 100 more points. He sees the next couple of weeks to be very positive for the market.
CNBC-TV18's Sumaira Abidi spoke with Sarabjit Kour Nangra, VP-Research at Angel Broking and Surajit Pal, AVP-Analyst Pharma at Prabhudas Lilladhar about healthcare sector at length.
Jubilant Life Sciences working on reducing its debt through internal accruals against taking fresh loan will serve well for its future growth says Surajit Pal, Prabhudas Lilladher.
Prabhudas Lilladhar is bullish on Cipla and has recommended buy rating on the stock with a target of Rs 643 in its September 5, 2014 research report.
Brokerage house Prabhudas Lilladhar expects coal blocks to be cancelled followed by auctions.
Dilip Bhat of Prabhudas Lilladhar is of the opinion that one may buy Larsen and Toubro (L&T) at current levels or may be on a dip. He also advises to buy Infosys and Bajaj Auto.
Sandip Sabharwal of Prabhudas Lilladher believes State Bank of India(SBI) is an attractive stock and could do well going forward.
Axis Bank's net interest margins declined at 3.65% versus 3.75% on year-on-year basis. In an interview with CNBC-TV18, Abhijeet Mazumdar, Prabhudas Lilladhar says, the contraction in margin is much more than expected. “The margins, in Q1, will still have a downward bias and then from Q2 it will largely plateau out,” he adds.
RBI's inflation stance spooked the markets. The absence of any surprise on the rate front cheered the markets, but the fine print especially on inflation, spoilt sentiment. The Nifty shut shop at 5,687, down 56 points, the Sensex shut shop at 18,969 down 181 points. Experts see further downside and volatility ahead.