Sandeep Singal of Emkay Global Financial Services has a positive view on Bharti Airtel and Idea Cellular.
Sandeep Singal of Emkay Global Financial Services recommends buying Dr Reddys Laboratories, Amara Raja Batteries and Motherson Sumi Systems.
Sandeep Singal of Emkay Global advices to stay invested in Hero Motocorp. "Typically Hero being present in rural market where we see larger spending as compared to urban market," he adds.
Sandeep Singal of Emkay Global is of the view that one can prefer HDFC Bank.
Emkay has a base case valuation on Ambuja at around Rs 165 and a worst case valuation of about Rs 145 if the holding company discounts of ACC increases to 50 percent instead of 30 percent
In an interview to CNBC-TV18, Sandeep Singal of Emkay Global spoke about his outlook for the market ahead of the Budget.
In an interview with CNBC-TV18, Sandeep Singal of Emkay Global Financial Services said, the 350 odd point Nifty rally from 4,750 kind of level is basically technical in nature. According to him, "When shorts get crowded and you don‘t find incremental seller, you see a pullback and this is a kind of a breather."
Sandeep Singal, Co-Head Institution Equities, Emkay advice traders to go on Tata Motors and short Maruti Suzuki.
Sandeep Singal, Co-Head Institution Equities, Emkay advice traders to prefer L&T over BHEL in capital space.
Sandeep Singal, Co-Head Institution Equities, Emkay advice traders to hold TCS.
Sandeep Singal, Co-Head Institution Equities, Emkay advice traders to prefer ACC in cement space.
Sandeep Singal of Emkay Global Financial Services said the good part of the Railway Budget (hike in freight rates) has already been priced in.
The market is in a consolidation mode, says Sandeep Singal, co-head institution equities of Emkay. He is betting on stocks like Jubilant Life Sciences, Hexaware, Mindtree, Ipca Laboratories, Lupin, Voltas and Blue Star.
Book profits in ICICI Bank around Rs 900, says Sandeep Singal, Co-Head Institution Equities, Emkay.
Go short in Larsen and Toubro, says Sandeep Singal, Co-Head Institution Equities, Emkay.
Sandeep Singal of Emkay Global Financial Services expects Sensex to be in the range of 14,500-16,500 for about one year. In an interview to CNBC-TV18, Singal said that Emkay Global is neutral weight on sectors like telecom, auto and underweight on power, construction, infra and metals.
Bajaj Auto and M&M are top picks in auto space, says Sandeep Singal, Co- Head Institution Equities, Emkay Global Financial Services.
Bharti Airtel is a top pick in telecom space, says Sandeep Singal, Co- Head Institution Equities, Emkay Global Financial Services.
Sandeep Singal, Co-head Institution Equities at Emkay Global Financial Services feels investors should avoid metal stocks.
This is not where the market will pause, say experts. The cut can get deeper with the Nifty going down to 4,700-4,800 levels, according to chief operating officer of Way2Wealth, Ambareesh Baliga. But it is not as bad as 2008, he said, reasoning that people are not really leveraged as of now.
With just a day left for the May series expiry, the market continued to trend lower. So how deep can this fall be? Well, experts who CNBC-TV18 spoke to said the correction won’t be much from here.