Sanjay Dutt of Quantum Securities said that BJP's manifesto for UP is pro development, and Modi will try his best to bring about an increase in employment opportunites in the state going ahead.
India's largest software company confirmed this morning that it would consider doing a buyback on February 20.
Indian stocks have "climbed the wall of worry" over the past few weeks, overcoming nervousness over demonetisation impact, RBI policy and the political situation, says Sanjay Dutt of Quantum Securities.
Bulls had a great day at the markets today. Indian market ended on a high at the end of day‘s trade. While Nifty ended positive gaining 0.69 percent to close at 8801.05, Sensex gained 198.76 to end at 28439.28 up by 0.70 percent.
According to Neeraj Deewan of Quantum Securities, one can invest in Transport Corporation of India, Equitas Holdings and Ujjivan Financial Services.
Neeraj Deewan of Quantum Securities recommends investing in Ambuja Cements at the current level and likes UltraTech Cement and India Cements.
The government is giving a push to spending but from where will the funds come from, wonders R Shankar Raman of L&T. He also said, the government is betting big on wider tax base as one of the funding mechanisms.
In an interview to CNBC-TV18‘s Latha Venkatesh and Anuj Singhal, HP Ranina, Corporate Lawyer, Shikha Sharma, MD & CEO, Axis Bank, R Shankar Raman, Whole-Time Director & Chief Financial Officer, L&T and Sanjay Dutt, Director at Quantum Securities gave their take on Arun Jaitely‘s Union Budget and their outlook on the road ahead.
Neeraj Deewan of Quantum Securities is of the view that one can hold on to HCL Technologies.
Speaking to CNBC-TV18, Sanjay Dutt of Quantum Securities said that while foreign institutional advisors will give him the benefit of doubt, he is skeptical about picking someone from within the organization who follows same ideology as Tatas‘.
Neeraj Deewan of Quantum Securities is of the view that one may see upside in metal stocks.
According to Neeraj Deewan of Quantum Securities, Infosys is a top pick in IT space.
According Ashwani Gujral of ashwanigujral.com, the market trend remains positive and lot of catch up is happening in the averages. He said the market has formed a base from where it can move higher and if IT and banks both participate then it will be difficult to have a down day.
With currency exchange getting done by December 31 and situation normalising, 2017 could see upmove in the market, believes Sanjay Dutt, Director of Quantum Securities.
Neeraj Deewan of Quantum Securities is of the view that one can hold Divis Labs for long term.
Low volume rallies don't tend to sustain and this being a range bound market, one should stick to the ranges, says market expert Ashwani Gujral.
Sanjay Dutt of Quantum Securities is of the view that one may prefer Tata Steel and UltraTech Cement.
Speaking to CNBC-TV18 Sanjay Dutt of Quantum Securities said that the demonetisation move along with other government measures will make life easier for NBFCs. â€œOn balance NBFCs can‘t be written off.
Speaking to CNBC-TV18 Sanjay Dutt, Director, Quantum Securities said that this is a perfect opportunity to deploy one‘s cash now.
In an interview with CNBC-TV18, Sanjay Dutt said that after this development one should wait for the dust to settle before buying into any Tata Group stock.
In an interview with CNBC-TV18, Sanjay Dutt of Quantum Securities said that there is a lot of earnings uncertainty in the market the technical structure of the market seems weak at present.
With inflation fairly under control Sanjay Dutt, Director of Quantum Securities believes the Reserve Bank of India would consider a rate cut of 25 basis points as early as October to boost growth.
Sanjay Dutt of Quantum Securities recommends buying Infosys even at current level.
According to Neeraj Deewan of Quantum Securities, one can buy cement stocks on dips or even at the current level.
Fund flows, more than anything else, is driving the market higher says Sanjay Dutt, Director at Quantum Securities. As long as flows continue, the uptrend can sustain despite stretched valuations and weak fundamentals, he says.