The rally which pushed Sensex to record highs was just handful of largecap stocks while most well-known stocks in the broader market were hitting 52-weeks low.
But, as we step into the year 2018, analysts’ are growing cautious on the small and midcap names largely on account of expensive valuations, thanks to multifold rally seen in the last 2-3 years.
Watch the interview of SP Tulsian of sptulsian.com with Latha Venkatesh, Anuj Singhal, and Sonia Shenoy of CNBC-TV18, where he shared his readings and outlook on the fundamentals of the market, and specific stocks and sectors.
On the BSE Index, over 100 stocks hit fresh 52-week high including names like Bata India, TVS Motor Company, Dabur India, Deepak Fertilizers, Kolte Patil Developers and Chambal Fertilizers.
Ashish Kyal of Waves Strategy Advisors is of the view that one may buy Indraprastha Gas with a target of Rs 1485.
Dolly Khanna, along with her husband Rajiv Khanna who has been her investment advisor, raised stake in 9 out of 20 stocks in her portfolio. She booked profits in 8 stocks while maintained a stake in 3 companies.
Ashwani Gujral of ashwanigujral.com recommends buying IRB Infrastructure Developers, Engineers India, Repco Home Finance and PVR.
Ashwani Gujral of ashwanigujral.com suggests buying Thirumalai Chemicals, Bajaj Finance and Idea Cellular.
Ashwani Gujral of ashwanigujral.com recommends buying Thirumalai Chemicals, Dewan Housing Finance and JK Tyre & Industries.
According to Ashwani Gujral of ashwanigujral.com, one may buy Chambal Fertiliser, Thirumalai Chemicals and Hindustan Zinc.
The Indian stock market definitely looks under-owned and SP Tulsian of sptulsian.com tells CNBC-TV18 he will not be surprised to see buying coming back.
In an interview with CNBC-TV18, SP Tulsian of sptulsian.com listed his stock picks and market outlook.
Shahina Mukadam, Independent Market Expert suggests holding Thirumalai Chemicals.
Sandeep Wagle of powermywealth.com is of the view that one may hold Thirumalai Chemicals.
SP Tulsian, sptulsian.com in an interview to CNBC-TV18 while sharing his views why 8K Miles does not warrant a buy at current levels and why he is bullish on the pharma space.
Prakash Diwan of prakashdiwan.in is of the view that one may look at Thirumalai Chemicals.
Ashish Chugh of Author of Hidden Gems shares his view on Thirumalai Chemicals.
Investment Analyst & Author of Hidden Gems Ashish Chugh is bullish on Thirumalai Chemicals. Thirumalai has made healthy profits in the past and has also distributed generous dividends.