Credit Suisse has an underperform rating on Bharti Airtel and Idea Cellular. The brokerage firm says that the merged entity would become the largest telecom company in the country but anti-trust restrictions would require the merged entity to let go off some subscription and revenues.
IDFC maintains underperform rating on Idea but pricing pressure would continue for next 6-9 months. It says sharp upmove in stock leaves limited room for returns hereon.
SP Tulsian of sptulsian.com, discusses why he is negative on IT stocks. He also says why ICICI Bank is for the brave traders. He also advices on telecom stocks.
Ashwani Gujral of ashwanigujral.com recommends buying Idea Cellular, LIC Housing Finance, Mercator and Reliance Industries.
Ashwani Gujral of ashwanigujral.com suggests buying Thirumalai Chemicals, Bajaj Finance and Idea Cellular.
Mitessh Thakkar of miteshthacker.com recommends selling Colgate Palmolive and Wipro and advises buying Idea Cellular and ICICI Bank.
Mitessh Thakkar of miteshthacker.com recommends buying Idea Cellular with a target of Rs 90.
Mitessh Thakkar of miteshthacker.com recommends buying JSPL, TVS Motor Company, Idea Cellular, Aditya Birla Fashion and Kolte-Patil Developers.
Prakash Gaba of prakashgaba.com suggests exiting Idea Cellular.
According to Gaurang Shah of Geojit BNP Paribas, one may buy Idea Cellular on dips.
Ashish Kyal of Waves Strategy Advisors is of the view that one may buy HPCL with a target of Rs 516.
Krish Subramanyam of Altamount Capital is of the view that one can buy Idea Celular 70 Call and sell 75 Call.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Communications and UPL and advises selling Ceat.
According to Sudarshan Sukhani of s2analytics.com, one can buy ACC, IndusInd Bank and Voltas and advises selling Idea Cellular and Glenmark Pharma.
Ashwani Gujral of ashwanigujral.com suggests buying NALCO, Dalmia Bharat and Yes Bank and advises selling Idea Cellular and Infosys.
According to Mitessh Thakkar of miteshthacker.com, one can sell Idea Cellular and buy Tata Coffee.
Rajat Bose of rajatkbose.com is of the view that one may sell Idea Cellular while United Spirits may test Rs 2089.
JM Financial feels Bharti Airtel may see lower impact of demonetisation as well as the ramp up of user base by Reliance Jio due to lower operating costs, rural exposure and non-mobile EBITDA, among others.
Sudarshan Sukhani of s2analytics.com suggests buying ACC, Bharat Forge, LIC Housing Finance and Voltas and advises selling Reliance Communications.
Market expert S P Tulsian of sptulsian.com is positive on stocks of housing finance companies some of which performed well on the bourses during the day. â€œIf you want to have a positional view either as an investor or a trader, then DHFL, Indiabulls Housing and LIC Housing,â€ he advised.
Here are a few top buzzing stocks picked by CNBC-TV18's analysts in trade today -- Idea Cellular, Sun Pharma, DRL, Lupin, Aurobindo Pharma , Glenmark, Natco Pharma, Alkem Labs, Ajanta Pharma, Strides Shasun, Biocon, Cipla, Cyient, MMTC and Power Grid.
According to Ashwani Gujral of ashwanigujral.com, one may buy Edelweiss Financial, Oil and Natural Gas Corporation and UPL.
Bank of America Merrill Lynch downgraded Idea to underperform from neutral with target at Rs 69 per share. It expects sustained weakness in revenue led by slowing revenue growth as near-term earnings to be hit by demonetisation.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com says he has a positive bias on Bharat Financial stocks with eyes on quarter three numbers of the company. For oil marketing companies, his pecking order of preference is HPCL, BPCL and IOC.
Ashwani Gujral of ashwanigujral.com recommends selling Idea Cellular on rallies.