According to Sandeep J Shah, Market Analyst, one may buy YES Bank and IndusInd Bank on dip.
Market is bracing for two major events; one is a possible repo rate hike by RBI and two, the inevitable tapering by Fed, says Sandeep Shah.
Now that markets have rallied sharply, the consensus view on the Street is to exit expensive consumption names and buy solely into the beaten down sectors.
Sandeep J Shah of Sampriti Capital says he would watch 5,600 carefully. "I had mentioned about a month back that we could even get to 5,800-6,000, if we saw easing by the ECB, we saw QE and we saw the government acting. It looks like, in some sense, all three engines are firing. So that possibility is very much alive now," he adds.
Buy TCS on dips, says Sandeep J. Shah, CEO, Sampriti Capital.
In an interview to CNBC-TV18, Sandeep J Shah, chief executive officer, Sampriti Capital says his targets of 4,600-4,800 have held on nicely on the downside.
Prefer Jain Irrigation, says Sandeep J Shah, CEO of Sampriti Capital.
The Great Indian Consumer Bull Market was alive and kicking even at the bottom!
Sandeep J Shah, CEO of Sampriti Capital advices to stay invested in the largecap private sector banks.
Keep Hindustan Unilever in portfolio, says Sandeep J Shah, CEO, Sampriti Capital.
One can accumulate Reliance Industries on dips, says Sandeep J Shah, CEO, Sampriti Capital.
The month of September has bought along a rally in the market. But will it sustain? No, says Sandeep J Shah, chief executive officer of Sampriti Capital. According to him, the small rally that we had is probably over.
Accumulate SKS Micro on dips, says Sandeep J Shah, Sampriti Capital.
Ignoring the three days of consolidation that the market saw in the beginning of the week, the trend seems bullish. However, Sandeep J Shah of Sampriti Capital thinks otherwise. According to him, the bearish tone on the indices continues.
Avoid banking stocks, says Sandeep J Shah, CEO of Sampriti Capital.
Buy Tata Motors on 10-20% correction, says Sandeep J Shah, CEO of Sampriti Capital.
Accumulate Sun TV Network, says Sandeep J Shah, CEO of Sampriti Capital.
Cairn India a good bet from long term perspective, says Sandeep J Shah, CEO of Sampriti Capital.
Sandeep J Shah, CEO of Sampriti Capital in an interview with CNBC-TV18 gave his readings and outlook for the market.
A realty developer, Unitech gained 5.11% or Rs 2.20 to end at Rs 45.25 on the BSE. It touched an intraday high of Rs 47.15 and an intraday low of Rs 43.65. There were pending buy orders of 936 shares, with no sellers available. The total traded volumes were of 13,545,441 shares.
Stay away from Unitech, says Sandeep J Shah, CEO of Sampriti Capital.
Sandeep J Shah, the CEO of Sampriti Capital said that he sees a market correction around 20% in 2011.
Reliance Industries a trading bet, says Sandeep J Shah, CEO of Sampriti Capital.
Infrastructure space is looking safe, says Sandeep J Shah, CEO of Sampriti Capital.
In an interview to CNBC-TV18, Sandeep J Shah of Sampriti Capital said that the upside may be maybe 6,200-6,400 but it will not ride away at that level. He is also concerned on the foreign institutional investors (FII) inflow to India.