Supreme Court's move to cancel 2G licenses yesterday was a bold move, says the senior telecom analyst at JM Financial, Sanjay Chawla, adding that this development will be positive for the sector.
read more »
Sudarshan Sukhani of s2analytics.com says the upward bias in the market will continue today as well. "The trend is up so take advantage of the dips," he says.
read more »
Anil Manghnani of Modern Shares and Stock Brokers tells CNBC-TV18 that the market will find a top within the next 100 points, after which a 50% correction is on the cards.
read more »
Bharat Iyer of JPMorgan remains Underweight Consumption, both discretionary and staples.
read more »
Portfolio manager PN Vijay's multi-baggers for the day are Thangamayil Jewellery and Agro Tech Foods.
read more »
Here are analysts' comments after India's Supreme Court on Thursday revoked 122 telecoms licences issued under a scandal-tainted 2008 sale in a judgement that could further darken the business climate in Asia's third-large
read more »
In its verdict on 2G scandal, the Supreme Court announced that 2G licenses issued post 2008 will be cancelled. That's around 122 licenses and impact mostly the newcomers. SP Tulsian of sptulsian.com analyses the sharp reaction in the telecom stocks
read more »
Sandeep Shah of Sampriti Capital said the market appears to have already factored in the winners and the losers post the 2G verdict.
read more »
Hitendra Dave, managing director and head of global markets at HSBC India tells CNBC-TV18 that bond yields could slip lower than 8% if the governments open market operations continue.
read more »
SP Tulsian of sptulsian.com in an interview to CNBC-TV18 spoke about stocks across various sectors like ONGC, Hexaware, Marico, Dabur and others.
read more »
The market took the Supreme Court verdict in their stride. The Nifty adds another 30 points, stocks of Unitech, Reliance Communication and TTML slide but Bharti and Idea make smart gains.
read more »
The support for the Nifty is at 5200 and resistance at 5300-5385, says Technical Analyst, Prakash Gaba.
read more »
In an interview to CNBC-TV18, Sudarshan Sukhani of s2analytics.com suggests that investors remain long on the Nifty and continue to add to their portfolio.
read more »
Parul Saini of RBS says, he remains buyers of Indian equities, and maintain our year-end target of 5800 for the Nifty.
read more »
Ambareesh Baliga, the COO of Way2Wealth finds it difficult to pin down a number for the February series. Even though there is market movement, he expects a correction.
read more »