Sanjay Dutt

Sanjay Dutt, Director of Quantum Securities is of the view that one may hold Oil and Natural Gas Corporation.

According to Sanjay Dutt, the global landscape is unclear right now and it is best to stay away from the market currently.

Clearances are delayed, funds are drying up and demand is low – in short, India‘s real estate sector is mired in rubble. But even as a string of private equity players pull out of the sector, US-based PE giant Blackstone is sensing a golden opportunity.

Sanjay Dutt of Quantum Securities is confident that there won‘t be a repeat of the carnage that India saw in September.

Sanjay Dutt of Quantum Securities has turned upbeat on Infosys after NRN Murthy's encouraging comments post Q3 results and also because he believes that dollar-rupee equation could once again turn adverse and rupee would go 64-65/USD.

According to Sanjay Dutt of Quantum Securities, Infosys would be the best pick on correction.

Year 2013 was perhaps one of the worst years for Indian real estate. Sales fell resulting in a pile-up of unsold inventories.

Sanjay Dutt, Director at Quantum Securities advises to accumulate Punjab National Bank on correction. PSU is the theme to play for 2014-15 and not just private sector banks, he adds.

The eight year old Atria Mall in Mumbai's prime Worli is the latest mall to close down business. The promoters have put this mall on the block and hope to raise about Rs 1,000 crore from the exercise.

In the next six months, politics will take a backseat, global cues and rupee‘s movement would assume more importance for the market, says Sanjay Dutt, Director, Quantum Securities.

Sanjay Dutt, director at Quantum Securities is optimistic on automobile stocks including Tata Motors and Mahindra and Mahindra (M&M).

Sanjay Dutt, director at Quantum Securities suggests buying Jindal Steel & Power within the metal space.

Sanjay Dutt, Director, Quantum Securities advises investors to concentrate on stocks that are likely to benefit from changes in the economy.

Sanjay Dutt of Quantum Securities sees global uncertainty extending to Indian market as well, but adds that downsides are limited.

Sectors like metal, chemical and textile will benefit once liquidity and credit flows improve and demand starts to pick up in the economy, says Sanjay Dutt of Quantum Securities. He says bet on them.

A phase of consolidation with a positive bias is likely as yesterday's lows may not be broken. Also, Hindustan Unilever (HUL) and ITC, the safe havens, have cracked heavily in the last two-three days which means that the safe trade where everyone was hiding, particularly the large institutional investors are booking gains there.

Quantum Securities's Sanjay Dutt feels the market has performed its worst and there is nothing bad left and therefore, expects better times ahead from current levels.

Sanjay Dutt, Director of Quantum Securities is extremely cautious on IT space. He said he would book his profits if he has been holding on to the stock.

Sanjay Dutt, Director of Quantum Securities feel there is not too much downside in DLF from current level because once the sector bounces back, the leaders will start looking better and DLF will look better.

Sanjay Dutt, Director of Quantum Securities is positive on oil & gas space. According to him, if we see oil prices softening a little across the world, these companies would be the biggest beneficiaries.