There seems to be no big money in the market, says Ashwani Gujral of ashwanigujral.com. Nifty will continue to remain choppy till it crosses the 8,820 mark, he adds.
A day after his party's leader in Lok Sabha, Sudip Bandyopadhyay, was arrested by CBI, West Bengal Finance Minister Amit Mitra today staged an angry walkout from a pre-Budget meeting saying there was 'financial emergency and 'political environment of fear' in the country.
"Don't forget this is the same Mamata who with a handful of colleagues fought the Singur war," the TMC MP said.
The market is giving long-term investors a great chance to buy into the market, says Prakash Diwan of prakashdiwan.in. He is bullish on PSU stocks.
Though a bit of recovery is likely on the back of attractive valuations, overall the market is expected to be rangebound for not only the week but also for fortnight due to less volumes at FIIs desk, experts say.
The market will start seeing fresh buying only once there are new triggers that lead to a breakdown, says Ashwani Gujral of ashwanigujral.com.
We hope that the market has seen the bottom but the fact that US Fed meet might pack a surprise and if the surprise is on the negative side, the market could see a fresh bout of selling, says market expert Sudip Bandyopadhyay.
The demonetisation pain could last for not more than 3-4 quarters, says Sudip Bandyopadhyay of Inditrade Capital. He asks investors to stay away from the consumer space for now.
CNBC-TV18's Sumaira Abidi spoke with Sudip Bandyopadhyay of Inditrade Capital, Gaurang Shah of Geojit BNP Paribas & Rajeev Thakkar of PPFAS Asset Management to understand where and how much the value investor can diversify their portfolio to maximise returns and ensure wealth protection.
Market needs a breakdown from the current levels where it has started to consolidate, says Sudip Bandyopadhyay, MD & CEO, Destimoney Securities. This is the only way market will touch 9,000 points.
Automobiles, auto ancillaries and consumer electricals will hugely benefit from the rollout of goods and services tax (GST), according to Dharmesh Kant of Motilal Oswal Securities.
Market experts Prakash Diwan and Sudip Bandyopadhyay, have different opinions on the stock. While Diwan prefers to avoid the stock, Bandopadhyay feels it can be a good performer.
Sudip Bandyopadhyay, Market Expert is of the view that Larsen & Toubro is a good buy even at current level.
"For the greater interest of Parliamentary democracy, we are opposed to suspension of 25 Lok Sabha MPs. We are not attending Lok Sabha from tomorrow," Bandyopadhyay said in a statement.
According to Sudip Bandyopadhyay of Destimoney Securities, one may prefer midcap cement stocks.
Sudip Bandyopadhyay of Destimoney Securities is bullish on Bajaj Auto and TVS Motor Company.
Sudip Bandyopadhyay of Destimoney Securities is of the view that one may pick Infosys.
Sudip Bandyopadhyay of Destimoney Securities is of the view that one may buy Entertainment Network India and Zee Entertainment with one year plus time horizon.
Sudip Bandyopadhyay of Destimoney Securities suggests buying Dalmia Bharat.
Sudip Bandyopadhyay, MD & CEO, Destimoney Securities advises investors to buy Godrej Properties, Oberoi Realty.
Diwali will be really auspicious for the Indian market this year. The market will win over the evil called 'risk' and rejoice its victory with good returns. Market experts, told moneycontrol.com, that the Nifty would be anywhere between 5,850 and 6,000 by this Diwali. Measuring from the current level, 5,760, it is a decent return.
Moneycontrol.com got Sudip Bandyopadhyay, managing director and chief executive officer, Destimoney Securities to answer the stock queries you sent us on our Facebook page as part of KYI (Know Your Investment). Check out his comments.
After her 72-hour deadline and an over three-hour long meeting in Kolkata with Trinamool Congress MPs and leaders, West Bengal Chief Minister Mamata Banerjee on Tuesday finally walked out of the Congress-led United Progressive Alliance Government.
Enthused by robust financial performance and attractive valuations, foreign investors increased their exposure to fast-moving consumer goods (FMCG) companies such as Britannia, Hindustan Unilever and Godrej Consumers Products in April-June this year.
In an interview with CNBC-TV18, Sudip Bandyopadhyay of Destimoney Securities said, risk on trade in the near future seems quite unlikely in the absence of great global news flow and domestic events.