2 votes
The market has been on a strong foot over the last couple of days. However, Mithil Pradhan, senior vice president - technicals and derivatives of Violet Arch Capital Advisors says, above 5,400, bears are going to be tickled.
read more » 8 votes
Rashesh Shah, Chairman and CEO, Edelweiss Group feels that the rally is driven by global liquidity and it is likely to remain high in the next three to four months.
read more » 2 votes
Technically the trend is still intact up though the market looks stretched the logical technical target still is 5385 and beyond that to 5434, says Technical Analyst, Prakash Gaba.
read more » 5 votes
The market closed last week with a flourish. The Nifty ended above the 5,300 mark. Sudarshan Sukhani, s2analytics.com says, the market has rallied decently. I dont think the rally will sustain for long, he adds.
read more » 7 votes
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 » 5 votes
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 » 4 votes
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 » 4 votes
Bharat Iyer of JPMorgan remains Underweight Consumption, both discretionary and staples.
read more » 5 votes
Portfolio manager PN Vijay's multi-baggers for the day are Thangamayil Jewellery and Agro Tech Foods.
read more » 7 votes
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 » 4 votes
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 » 5 votes
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 » 5 votes
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 » 6 votes
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 » 4 votes
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 »