Sanjay Dutt

According to Dutt, the market has missed out on some of the important points the RBI governor has made with respect to farm minimum support prices, PSU bank recapitalisation and revival of investment cycle.

According to Sanjay Dutt, Director, Quantum Securities, a 25 basis points cut by the Reserve Bank in its June 2 policy is already priced in. He feels even if RBI lowers rates, the market will sell into rally.

According to Sanjay Dutt, director at Quantum Securities, one can buy Reliance industries on dips as it may lead the revival in Nifty.

Sanjay Dutt, director at Quantum Securities is optimistic on PSU banks including Bank of Baroda and Canara Bank.

He says investors should look at specific stocks rather than Nifty levels to make the most of this correction.

The government's decision to not do away with MAT levied on FIIs retrospectively has taken a toll on Indian equities, according to stock brokers.

According to Sanjay Dutt, Director at Quantum Securities, the risk reward is favourable for long-term investors. He believes second-rung companies would benefit from the next move.

According to Sanjay Dutt, the stocks of several companies had become expensive with their prices running way ahead of fundamentals but with expectation of a further correction, market must use that as a buying opportunity now

Sanjay Dutt, director of Quantum Securities is cautious on sectors across the board. According to him, companies with massive debts will see major corrections.

Nifty should be five percent lower, which means market should sell off a bit more and settle around 8400-8600 levels and then build gains as fundamentals improve, says Sanjay Dutt of Quantum Securities.

Adrian Mowat, managing director, chief Asian and emerging market equity strategist, JPMorgan said this is a positive surprise and will make people buy the market.

As far as the Railway Budget goes, all positives that may come from it are already priced in, says Sanjay Dutt. Certain core issues have been plaguing the Railways for many years now and if Suresh Prabhu has to bring the railways back on track, there is a need for some radical decisions

Dutt is bullish on financial services and banking stocks, and is betting on capital goods and EPC (engineering procurement and construction) companies to play the domestic recovery

With market extending loss in the first hour of trade, scared investors were found looking for safe havens. There is a fear that the fall could continue towards even lower levels, which will be great opportunity to buy quality stocks, says Sanjay Dutt of Quantum Securities.

Sanjay Dutt is bearish on banks and expects massive downside in this sector going ahead.

Sanjay Dutt, Director at Quantum Securities is of the view that one may prefer Sun Pharmaceutical Industries.

Sanjay Dutt, director, Quantum Securities is bullish on oil and gas, banks and capital goods.

Sanjay Dutt also adds that market is waiting for a bull run with substantial momentum with people looking for new ideas.

Sanjay Dutt, Director, Quantum Securities, said the outlook is positive on the stock. However, according to him, the auto ancillary space has a problem with margins, particularly the tier-II ones, which rarely manage to get the pricing power or the liquidity from the buyers.

Bullish on integrated media play, Quantum sees broad media companies to benefit from the uptick in economy.