SP Tulsian of sptulsian.com says that the hike in diesel price maybe put on a hold for a week or more. He also says that a rollback of couple of rupees on the petrol hike cannot be ruled out at this stage.
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IIFL telecom analyst GV Giri offers his analysis to CNBC-TV18 on Bhartiâs initial investment of approximately USD 165 million to acquire 49% of Qualcomm APâs India entities
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With the delisting of Saint Gobain set for June, Jagannadham Thunuguntla, Strategist Head of Research, SMC Global Securities Limited believes that there should be a response of 7% for the delisting to be successful.
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MSCI today reversed private sector lender HDFC's weightage in their MSCI India index after sorting out issues with regards to the bank's foreign ownership limits.
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Adding to the woes of the falling market and sliding rupee, petrol price hike too will weigh on investors's sentiment today. As a trading strategy, Sudarshan Sukhani, s2analytics.com suggests to avoid Nifty today. However, with a bout of optimism, he is expecting something could change by afternoon
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Within the region, Korea and India continue to be the key losers in terms of AUM percentage, says Markus Rosgen of Citigroup.
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The oil companies announced a steep hike in petrol prices yesterday. In an interview to CNBC-TV18, Ambareesh Baliga, COO of Way2Wealth says, the market will take it positively.
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In an interview with CNBC-TV18, Siddharth Bhamre of Angel Broking spoke about his reading of the market conditions and the road ahead.
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The uncertainty in the global markets continues with apprehensions of a Greek exit from the eurozone. In an interview with CNBC-TV18, Arjuna Mahendran, MD and Head Investment Strategy Asia at HSBC bank said that the uncertainty on Greece is likely to linger till June, when Greece is scheduled to go for a r
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SP Tulsian of sptulsian.com tells CNBC-TV18, on the eve of Jet Airways announcing results, that airline stocks such as Jet and SpiceJet are good bets thanks to rivals Kingfisher and Air India initiating reduction in operations and no adverse event occurring in the sector for the time-being
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Nirmal Jain of IIFL advises to be play defensive now. As an investment strategy, he prefers IT, pharma and FMCG stocks. According to him, the market has tendency to decline by another 15% from the current levels.
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In an interview to CNBC-TV18 Anil Manghnani, Modern Shares Stock Brokers said, he expects the NIfty to revisit the levels of 4,500 later in the year. But as of now, he sees Nifty finding support at 4,800-4,750 levels.
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Global and domestic uncertainties are putting pressure on the Indian market. Abhijit Chakraborty, senior VP-institutional equity of Fortune Equity Brokers says, market can definitely retest the lows of 4,600-4,700.
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The Indian market has been on a weak wicket over the last few sessions. Amit Gupta, head-derivatives of ICICI Direct says, the Nifty will be in a consolidation mode for couple of weeks. âIt could be in the range of 4,730 on the downside and 5,050 on the higher side,â he adds.
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It has been a tough fight against the bears and Indian market is almost out of breath now. The tug-of-war is far from over and it seems only government's strong impetus will boost sentiment. Worried about the bearish trend, UR Bhat, MD of Dalton Capital Advisors feels that the Nifty may fall to 4700 in the near-term.
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