Nitin Raheja, CIO, Rada Advisors, says it is difficult to take a call on which direction the market is going and so once again the focus should be back on bottom-up stock picking.
In an interview to CNBC-TV18, Nitin Raheja of Rada Advisors says there is a clear trend of economic recovery and improving sentiments. "I think the worst is behind us."
Putting aside all hopes of a revival, the September index of industrial production (IIP) slipped to a negative 0.4%, disappointing the market to a large extent. Nitin Raheja of Rada Advisors feels the market is now waiting for fresh cues and further impetus to take it forward.
Looking at the choppy markets at this point of time, Nitin Raheja, CIO of Rada Advisors believes the market is trading in a range. With the macros not looking too good, he does not expect the scenario to change dramatically overnight.
Nitin Raheja, CIO, Rada Advisors advice traders to stay invested in HUL and Asian Paints.
Despite the underperformance of the Indian markets with respect to global markets, Nitin Raheja, CIO, Rada Advisors feels that it is holding well. The rupee too is trading at a 4-month low and Raheja believes the negative FII flows have affected it.
MindTree and HCL Tech are good bets in midcap IT names, says Nitin Raheja, CIO, Rada Advisors.
ING Vysya and Federal Bank are looking good from banking space, says Nitin Raheja, Rada Advisors.
BHEL is a contrarian bet, says Nitin Raheja, Rada Advisors.
Nitin Raheja, Rada Advisors advice investors to stay away from Sesa Goa at current level.
IT stocks a defensive bet, says Nitin Raheja, Rada Advisors.
Stay away from Jet Airways and Kingfisher, says Nitin Raheja, CIO, Rada Advisors.
Experts remain cautious on the recovery. Analysts believe that the coming year will have its own share of volatility.
Nitin Raheja, chief investment officer at Rada Advisors tells CNBC-TV18 that he is not completely convinced with the valuations at which some of the retail stocks trade at.
Nitin Raheja of Rada Advisors is neutral or rather marginally underweight on the pharmaceutical sector now. Shifting focus to the banking sector, Raheja indicated that he continue to like the faster growing private sector banks. He also stated that the State Bank of India (SBI) second quarter numbers have been very disappointing.
Yes Bank is a top pick in private banking space, says Nitin Raheja, Rada Advisors.
Stay away from the aviation space, says Nitin Raheja, Rada Advisor
Nitin Raheja of Rada Advisors joins CNBC-TV18 to opine on the earnings season and give an indication of where the market is moving.
The midcap space has been witnessing a lot of volatility for last couple of days. Rada Advisors’ Nitin Raheja told CNBC-TV18 that a lot of midcap stocks have come under pressure recently. He suggested investors and traders to stay on the sideline.
In an interview with CNBC-TV18, Nitin Raheja of Rada Advisors gave his outlook on the market and road ahead for blue-chip companies like L&T and Bharti Airtel.
See upside in Larsen and Toubro (L&T), says Nitin Raheja, Rada Advisors.
Bharti Airtel will continue its outperformance, says Nitin Raheja, Rada Advisors.
In an interview on CNBC-TV18, Nitin Raheja, CIO, Rada Advisors says, the markets are likely to remain range-bound. The upside seems capped, he says. “The Nifty is expected to trade between the range of 5,600-6,000 levels,” he adds.
I am not really as negative on the Infosys result as has been made out, says Nitin Raheja, CIO, Rada Advisors.
Reliance is probably going to stay in this very narrow range for sometime to come, says Nitin Raheja, CIO, Rada Advisors.