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Tirthankar Patnaik

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  • Rupee to range between 66.50-67.50/USD: Tirthankar Patnaik

    We expect the 10-year benchmark bond yield to trade in a broad range of 6.9-7.1 percent in the near term, says Tirthankar Patnaik, Mizuho Bank.

  • USD-INR to remain slightly under pressure: Tirthankar Patnaik

    USD-INR to remain slightly under pressure: Tirthankar Patnaik

    The trading range is seen between 68.10-68.40/USD till the Reserve Bank of India (RBI) monetary policy, says Tirthankar Patnaik, Mizuho Bank.

  • Rupee to come under renewed pressure: Tirthankar Patnaik

    Rupee to come under renewed pressure: Tirthankar Patnaik

    We expect the 10-year benchmark yield to be rangebound between 6.75-6.85 percent, says Tirthankar Patnaik, Mizuho Bank.

  • Rupee to trade between 66.25-66.75/dollar: Tirthankar Patnaik

    Rupee to trade between 66.25-66.75/dollar: Tirthankar Patnaik

    Domestic liquidity conditions and bond market cues remain supportive, helped by periodic OMOs by the RBI including one of Rs 100 billion today, which could see the 10-year head to the 7-7.1 percent band, says Tirthankar Patnaik of Mizuho Bank.

  • Expect rupee, bond markets to recover: Tirthankar Patnaik

    Expect rupee, bond markets to recover: Tirthankar Patnaik

    We expect rupee to trade in the range of 66.25-66.75/USD in the next 2 weeks and 10-year benchmark yields between 7.1-7.25 percent, says Tirthankar Patnaik, Mizuho Bank.

  • Expect rupee to rebound to 67/USD level: Tirthankar Patnaik

    Expect rupee to rebound to 67/USD level: Tirthankar Patnaik

    We expect the 10-year benchmark yield to remain in the 7.45-7.55 percent band in the near term, says Tirthankar Patnaik, Mizuho Bank.

  • India's outperformance to continue; Mauritius treaty +ve: Mizuho

    India's outperformance to continue; Mauritius treaty +ve: Mizuho

    Tirthankar Patnaik, India Strategist, Mizuho Bank is of the belief that the outperformance of the Indian market will continue barring any evet. He says the fourth quarter performance was one of the best amongst the four.

  • Some stocks look attractive, but global issues persist: Mizuho

    Some stocks look attractive, but global issues persist: Mizuho

    Tirthankar Patnaik of Mizuho Bank says the pain is much more global. But many of the stocks after a significant fall do look attractive and that makes one believe that it is a great buying opportunity, he says. But one must not forget that global issues, the genesis of this crisis, are still very much present, he told CNBC-TV18

  • Not ruling out Nifty revisiting 7500 in 3 months: Mizuho Bank

    Not ruling out Nifty revisiting 7500 in 3 months: Mizuho Bank

    Tirthankar Patnaik of Mizuho Bank believes India will be one of the fastest growing economies in 2016, though earnings are not likely to improve anytime soon

  • Positive on consumer durables, cautious on infra: Patnaik

    Positive on consumer durables, cautious on infra: Patnaik

    Tirthankar Patnaik - India Strategist at Mizuho Bank has a positive view on consumer durables space but is cautious on PSU banks, telecom, cement and infrastructure.

  • Positive on pharmaceutical space: Tirthankar Patnaik

    Positive on pharmaceutical space: Tirthankar Patnaik

    Tirthankar Patnaik - India Strategist at Mizuho Bank is positive on the pharmaceutical space.

  • Overweight on IT, weak currency to help sector: Mizuho Bank

    Overweight on IT, weak currency to help sector: Mizuho Bank

    Tirthankar Patnaik - India Strategist at Mizuho Bank is overweight on the IT space and feels that weak currency is likely to help even the mid tier IT companies.

  • Expect rupee to remain weak: Tirthankar Patnaik

    Expect rupee to remain weak: Tirthankar Patnaik

    The range for the rupee is seen between Rs 63.70-64/USD in the next 3-4 weeks, says Tirthankar Patnaik, Mizuho Bank.

  • Expect stress on rupee in near to medium term: Patnaik

    Expect stress on rupee in near to medium term: Patnaik

    We expect the benchmark yield to be ranged between 7.75-7.81% over the next 4 weeks, says Tirthankar Patnaik, Mizuho Bank.

  • Expect IT space to outperform: Tirthankar Patnaik

    Expect IT space to outperform: Tirthankar Patnaik

    Tirthankar Patnaik of Mizuho Bank is of the view that the IT space will continue outperforming over the next month.

  • Tirthankar Patnaik negative on steel, cement, PSU banks

    Tirthankar Patnaik negative on steel, cement, PSU banks

    Tirthankar Patnaik of Mizuho Bank has a negative view on steel, cement and PSU banking space.

  • Nifty may slip to 7800; avoid commodities, cement: Mizuho

    Nifty may slip to 7800; avoid commodities, cement: Mizuho

    From a one to two year perspective, Indian equities will outperform other asset classes and global peers, says Tirthankar Patnaik of Mizuho Bank. "Going ahead, we are likely to enter a goldilocks situation with lower fiscal deficit, current account deficit, inflation and commodity bill."

  • Indian rupee opens flat at 63.60 per dollar

    Indian rupee opens flat at 63.60 per dollar

    The Indian rupee remained unchanged in early trade Thursday, opening at 63.60 a dollar.

  • Expect rupee to remain resilient in near-term: Patnaik

    Expect rupee to remain resilient in near-term: Patnaik

    Despite recent depreciation, the rupee remains an outperformer across emerging market currencies, says Tirthankar Patnaik, Mizuho Bank.

  • Prefer PSU banks, NBFC: Tirthankar Patnaik

    Prefer PSU banks, NBFC: Tirthankar Patnaik

    Tirthankar Patnaik, India Strategist at Mizuho Bank is of the view that one may prefer PSU banking and non-banking financial stocks.

  • Here's Religare's view on Vote on Account

    Here's Religare's view on Vote on Account

    According to Tirthankar Patnaik, tax revenue numbers are definitely optimistic, particularly income taxes going up by 27 percent are defiantly on the optimistic side

  • Bringing inflation down will help growth: JPMorgan

    Bringing inflation down will help growth: JPMorgan

    Sajjid Z Chinoy, Chief India Economist, JPMorgan says governor Rajan has made it amply clear that there may be further tightening if any of the macro variables change - either the fisc goes off track or the currency comes under pressure or growth picks up, among others.

  • Positive on pharma; Sun Pharma, Dr Reddy's, Lupin: Patnaik

    Positive on pharma; Sun Pharma, Dr Reddy's, Lupin: Patnaik

    Tirthankar Patnaik, EVP - Institutional Sales at Religare Capital Markets is positive on pharma space.

  • Tirthankar Patnaik overweight on IT space

    Tirthankar Patnaik overweight on IT space

    Tirthankar Patnaik, EVP - Institutional Sales at Religare Capital Markets is overweight on IT space. "We like Infosys from a fundamental turnaround story, we like TCS from an execution story," he reasoned.

  • Hold L&T, says Tirthankar Patnaik

    Hold L&T, says Tirthankar Patnaik

    Tirthankar Patnaik, EVP - Institutional Sales at Religare Capital Markets is of the view that one may hold Larsen and Toubro.

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