Watch the interview of TS Anantakrishnan, CEO of Varanium Capital Advisors discussing fundamentals of the market as well as on few sectors.
The US business for Aurobindo Pharma will do extremely well and the Europe acquisition will help it expand margins, says TS Anantakrishnan, CEO, Varanium Capital Advisors.
The current uncertainty in markets owing to global factors such as US presidential elections is an opportunity to buy stocks, according to Varanium Capital Advisors.
Speaking to CNBC-TV18 TS Anantakrishnan of Varanium Capital Advisors, said he takes a stock-specific approach.
Third quarter earnings have picked up and most sectors have more or less met expectations. TS Anantakrishnan of Prime Broking believes the bottoming up of earnings is firmly in place and he expects some upgrades looking at the performance of sectors like banking and IT.
TS Anantakrishnan, director, Prime Broking says, more than the global factors, the Nifty will be driven by local factors. "From a broad market perspective, we think the range will be between 5,100 and 5,500. But I think it's more stock specific. Within the same sector, there is huge divergence in terms of returns," he adds.
Yes Bank and IndusInd Bank are good investment bets, says TS Anantakrishnan, Director, Prime Broking.
Axis Bank and SBI are top picks in banking space, says TS Anantakrishnan, Director, Prime Broking.
Yes Bank, Lanco and ABG Shipyard are good picks, says TS Anantakrishnan, Director, Prime Broking.
TS Anantakrishnan, Director, Prime Broking shares his view on Crompton Greaves.
Although experts feel that the Nifty is in a downtrend, but they don’t see a major correction in the near-term.
Banking stocks may see more downside, says TS Anantakrishnan, Director, Prime Broking.
TS Anantakrishnan, Director, Prime Broking feels investors can invest in auto stocks for long term.
Be cautious on banking stocks, says TS Anantakrishnan, Director, Prime Broking.
Reliance Capital may go closer to Rs 700, says TS Anantakrishnan, Prime Wealth Management.
TS Anantakrishnan, Prime Wealth Management is bullish on banking sector.
Buy HDFC Bank on dips, says TS Anantakrishnan, Head - Prime Wealth Management.
Stay away from SAIL, says TS Anantakrishnan, Head - Prime Wealth Management.
Buy Larsen and Toubro, says TS Anantakrishnan, Head - Prime Wealth Management.
TS Anantakrishnan, Head - Prime Wealth Management is bullish on IT space.