




The company touched 98 percent capacity utilisation levels in March aided by various irrigation and concrete road projects undertaken by the government in Telangana, says K Ravi, MD of NCL Industries
Even though Indian equities crashed and burned yesterday, Jai Bala of cashthechaos.com is relieved by the fact that 5171 on the Nifty was not taken out yesterday.
"It promised to be a good session as global markets seemed quite robust going into Friday’s event," said CNBC-TV18’s Udayan Mukherjee. While the Asian markets were okay, Europe started off well, and Nifty ran into resistance at 5,100 today.
Limited downside in infrastructure stocks, says PN Vijay, Portfolio Manager.
August bought with it one of the worst series for markets worldwide, but luckily, it looks like this month is going to much better for equities. However, Gaurav Doshi of Morgan Stanley Private Wealth Management India says that he finds it difficult to predict how markets will behave this month.
According to PN Vijay, portfolio manager, there is a need to feel nervous about the current market scenario. However, he believes that the Indian market is holding on strongly.
Another calm session for the market today. The Nifty consolidates in a tight range before closing below the 5,900 mark. Volumes remain low today at Rs 90,000 crore.
Abhijit Chakraborty, Fortune Financial, in an interview with CNBC-TV18’s Mitali Mukherjee and Sonia Shenoy, spoke about his reading of the market and his outlook.
Suresh A Mahadevan, Head of India Research - UBS Securities is positive on infrastructure space.