India Infoline Founder and Chairman Nirmal Jain said the market looks good from a 3-5 year perspective. His optimism stems for the investor inflows into the markets. In the recent past, markets have seen domestic institutional investors become a deciding factor, he said.
R Venkatraman, MD at IIFL Group likes Tata Consultancy Services and Infosys in IT space, Maruti Suzuki and Tata Motors from the auto space and Sun Pharmaceutical Industries and Torrent Pharmaceuticals from the pharma space.
R Venkatraman, MD, IIFL believes that weak earnings were already factored in by the market and expects 2015 also to be a good year as 2014 but says one should not expect 30-40 percent returns.
R Venkatraman, MD at IIFL is of the view that one may look at Tech Mahindra.
R Venkatraman, MD at IIFL Group is of the view that one may prefer HCL Tech.
R Venkatraman, MD at IIFL Group is of the view that one may look at financials and information & technology space.
Maxwell Industries, which is engaged in manufacturing and marketing of innerware, has decided to sell their non-operative unit in Navi Mumbai.
R Venkatraman, MD, India Infoline Group expects challenges for capital markets segment to continue going ahead.
The newly formed AirAsia India, the Indian arm of Malaysia's low cost carrier AirAsia, has filed an application with the Civil Aviation Ministry seeking permission to launch its operations, official sources said here today
The mood among investors has become so pessimistic that the market could be the fag end of the bear phase, says R Venkatraman, managing director, India Infoline Ltd (IIFL).
Maxwell Industries plans to hive off their spinning activity and expects Rs 39 crore from it. R Venkatraman, vice president for finance at Maxwell Industries indicated that the company has received 90% of the amount.
These seem to be the only options left for a beleaguered Indian broking industry that is under attack from its technologically stronger global rivals.
R Venkatraman, VP of Finance from Maxwell Industries, in an interview with CNBC-TV18's Sonia Shenoy and Ekta Batra, said that the company realised that the spinning business was not a part of their core activity.