In his analysis of the day's stocks on CNBC-TV18, market analyst SP Tulsian of sptulsian.com said that the oil marketing companies saw an upside may be due to an expected positive news of hike in diesel prices.
SP Tulsian of sptulsian.com, say that technical forces are driving Reliance Infra. He also says that Deccan Chronicle is a very volatile stock and any stake sale can trigger this stock.
SP Tulsian of sptulsian.com, says that he has a cautious view on infrastructure stocks. However, he remains positive on HDFC warrants despite a downgrade by Macquarie.
SP Tulsian of sptulsian.com, says that he has a positive view on metal stocks, infrastructure stocks and JM Financial. In ADAG bag, he is only positive on Reliance Infra.
SP Tulsian of sptulsian.com, says that the market is expecting two things, first a rate cut of maybe 50 bps which will be entirely transmitted and provide relief to infrastructure stocks.
SP Tulsian of sptulsian.com, says that he has a positive view on IGL and delisting stocks. He also says that valuation for Warburg Pincus and Future Capital is at a fair price.
SP Tulsian of sptulsian.com, says that Hvaells is a good buy option both from trading and fundamental point of view at Rs 530-535 levels. Textile and debt recast news are positive for S Kumar.
SP Tulsian of sptulsian.com says that the hike in diesel price maybe put on a hold for a week or more. He also says that a rollback of couple of rupees on the petrol hike cannot be ruled out at this stage.
In one swift move, IOC, BPCL and HPCL have hiked petrol prices by Rs 6.28 per litre, effective midnight. The quantum of hike has taken the country by surprise. Diesel price has been left untouched.
SP Tulsian of sptulsian.com says that Wockhardh has posted good results in this quarter; however, he says that the stock may touch Rs 600- Rs 620 levels.
SP Tulsian of sptulsian.com, says that he does not holds a positive view on oil sector stocks. He also says that digitization will help Dish TV post better numbers in future. Tulsian says he does not expect good numbers from Satyam in coming result.
SP Tulsian of sptulsian says that hike in urea price was over due. If the urea price is increased then the subsidy burden of the government will also reduce. He also says both traders and investors can buy Orchid at Rs 120 levels. At the current price, Reliance has potential for some upward movement.
SP Tulsian of sptulsian.com advices investors to avoid buying stocks that correct by 50% in less than in a month. Speaking on CNBC-TV18‘s special show Investor Camp Tulsian said, one should not plunge into such stocks on the hopes that it will again recover and touch old levels.
SP Tulsian of sptulsian.com, tells CNBC-TV18 that the time was right to take a selective call on public sector banks. Some of his picks are IOB, UCO Bank and Andhra Bank.
Market analyst Tulsian tells CNBC-TV18, in his analysis of the day‘s market movement, that BHEL is a good buy for investors with a long-term horizon. He also attributes the day‘s fall to the Bank Nifty and says that first two days of the coming week are crucial as the government is to announce relief on GAAR
In an interview to CNBC-TV18, SP Tulsian says he has a positive view on Reliance post today‘s news. He is however negative on Samvardhana Motherson IPO and says it is difficult to take a call on Future Capital if the stake sale happens at Rs 160-180.
In an interview to CNBC-TV18, SP Tulsian says he has a negative view on rice stock even though China has allowed import of basmati rice. Except AP Paper, he maintains a negative view on stocks of paper industry. Tulsian however sees a limited downside in United Spirits and he expects good Q4 results for Petronet LNG.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com says, he is bullish on BHEL. "I don‘t see any reason for the stock to fall to such a level. The stock cannot fall below Rs 260-265 where it makes a compelling buy," he adds.
In an interview to CNBC-TV18, SP Tulsian tells he has a negative view on Shree Renuka and the stock can move in the range of Rs 28-35. On Max India, he says that long-term investors should exit the stock at Rs 210-215 level.
It's been a smart pullback on D-Street today after yesterday's sharp sell-off. Hopes ahead of the LTRO announcement tomorrow lifted sentiment across the globe, and helped Indian market arrest their slide.
SP Tulsian, sptulsian.com picks out his multibagger stocks ideas the day. He chooses Hikal and DIC India. Check out his comments.
This is a shocker and sure to erode a lot of sentiments on Monday. RIL has posted a net profit of Rs 4440 crore, down 13.6% year-on-year on the back of lower refining and petchem margins. Sales, however grew 40.2% to Rs 87,480 crore.
Ahead of the key meeting between power producers and the government tomorrow, SP Tulsian of sptulsian.com tells CNBC-TV18 that his top bets in the space are Adani Power and Sterlite Industries.
SP Tulsian of sptulsian.com spoke to CNBC-TV18 about market trades in the power sector and oil and gas space. Watch out for his picks!
The spectacle of the long-feuding billionaire Ambani brothers dancing at a celebration of the 80th anniversary of the birth of their late father this week sent Indian media into a frenzy and reignited speculation the two might again do business together.