-
The volatility witnessed in the market yesterday, after geopolitical concerns and worries of rising macro-economic instability, led to some "cleansing" in market sentiment and will help it start afresh in October, says Tushar Mahajan, Head of Listed Futures & Options - India, Nomura.
-
After attempting several times to break the key 8,700 resistance level, the Nifty managed to close above it yesterday.
-
The situation definitely looks a bit tenuous but I am hoping we should stay on to 7,200-7,250 odd level through this month as well, Tushar Mahajan of Nomura Financial Advisory tells CNBC-TV18
-
October series has started off on a strong note but a consolidation is in the officng, says Nomura's Tushar Mahajan.
-
On the strategy for the September series, Mahajan says it is a tough call because of two major events--the RBI credit policy and the US Fed decision on rates.
-
According to Tushar Mahajan - head of listed futures & options for India at Nomura Financial Advisory, one may prefer Glenmark Pharma.
-
Tushar Mahajan - head of listed futures & options for India at Nomura Financial Advisory is of the view that Lupin may continue to trade higher.
-
Tushar Mahajan - head of listed futures & options for India at Nomura Financial Advisory is of the view that one may prefer ICICI Bank, State Bank of India and Punjab National Bank.
-
According to Tushar Mahajan of Nomura Financial Advisory & Sec the upside for Bank Nifty too is capped around 19,400-19,300 levels, so if one is looking to trade banks then it should be through ICICI Bank.
-
Tushar Mahajan of Nomura Financial Advisory says selling in Bank Nifty on Wednesday dragged the market. He feels PSU banks will continue to remain under pressure as raising fresh capital will be an overhang.
-
Tushar Mahajan of Nomura Financial Advisory believes investors are now looking at the cement sector as a proxy for recovery in the infrastructure space.
-
Tushar Mahajan, Head of Listed Futures & Options – India, Nomura Financial Advisory says the one week that is remaining for this expiry is likely to pass without any surprising movement.
-
Tushar Mahajan, Head of listed Futures & Options - India, Nomura Financial Advisory & Sec would be keenly awaiting the FII data that will be released today after the market closes.
-
Tushar Mahajan of Nomura prefers Axis Bank, ICICI Bank and YES Bank within the private banking space.
-
The level of 6320 provides a very strong resistance to the market, says Tushar Mahajan, Head of Listed Futures & Options, Nomura. The Nifty is currently trading at 6312.
-
The 50 day-moving-average (DMA) for the Nifty at 6050 levels is an important support, says Mahajan. So, one can look at strikes of 6400 on the upside and 6000 on the downside with a bias on the long side says Tushar Mahajan, Nomura Financial Advisory & Sec.
-
Tushar Mahajan, Nomura Financial Advisory & Securities believes the trend for the market is definitely up and the Nifty is likely to touch levels of 6350 by year-end.
-
Tushar Mahajan of Nomura believes there might be more action in the midcap space now but on the largecap side, there will not be much of an upside.
-
People appear to be less worried about a fall now. They are building long positions on the Futures side as well. At around 5470-5480 odd levels, which has seen the market take support for almost two times in the recent past, some kind of a support is seen coming in and it may just be the short-term bottom.
-
According to Tushar Mahajan, Head of listed Futures & Options - India at Nomura, one may prefer private sector banks over the public sector banks.
-
FIIs have been building short positions ahead of the FOMC meet, if Fed delivers then one can expect a short covering bounce, says Tushar Mahajan of Nomura.
-
Equity benchmarks rose to their highest levels since January 2011 this month, while the 10-year bond yield dropped to its lowest in more than three years, powered by record inflows from FIIs on rising expectations that easing inflation may prompt the RBI to cut the interest rate again in June.
-
Selling pressure is likely to continue in IT space, says Tushar Mahajan, Head of Listed F&O, Nomura.
-
Tushar Mahajan, head of listed Futures & Options - India, Nomura expects the Nifty to trade between 5500-5800 in the April-May series.
-
One can prefer State Bank of India (SBI) and Punjab National Bank (PNB) to move more on rate cut announcements, says Tushar Mahajan, Head of listed Futures & Options - India, Nomura.
