From a medium to longterm perspective, Hemang Jani, Senior VicePresident, Sharekhan, is bullish on LT and Indo Tech Transformers from the capital goods space. He also likes Bharti and Lupin from the telecom and pharma space.
read more »
Maneesh Kumar, HeadWealth Management Solutions, ASK Wealth Advisors said they took a call on gold as a hedge against increasing inflation creeping within the economy.
read more »
According to Hem Securities Morning Note, We expect markets to be upward today.
read more »
According to Angel Broking Technical Analysis report, if the indices sustains above 15860 15960 / 4690 4730 levels, then we may witness further upside up to 16200 16240 / 4800 4840 levels.
read more »
According to India Infoline Daily Market Watch, we expect the momentum to continue today.
read more »
According to Asit C. Mehta Morning Report, Indian market is expected to open firm on improved global sentiments.
read more »
Anil Manghnani of Modern Shares and Stock Brokers sees a pullback of 4,800 on the Nifty and above; yesterday's pullback was because of breaking 4,628. So, he said, it was no surprise that we bounced from there. There may be a bounce today again folloing the global cues which are positive, but said that lows, if any, may be tested early next week.
read more »
According to Karvy Stock Technical Analysis report, for Nifty resistance is placed at 47304800.
read more »
Puneet Nanda, CIO, ICICI Prudential Life Insurance said that the insurance flows are robust and they will continue to invest in equities. Nanda said that most of money raised in JanuaryMarch has already been invested in the markets. He added that insurance companies have seen growth of 5060% in the last few months.
read more »
The Sensex is seen between 16,00017,000. Further headwinds from the current macroecononegative and any bounceback mic environment prevail and there is a growing risk of inflation climbing higher, says Sinha.
read more »
Pathik Gandotra, MD, Hd of Research, IDFC SSKI, said the mkts are likely to remain lacklustre for the next few months. "We see a lot of headwinds on growth in the coming days. Our Sensex target is to be scaled down to 18,50019,000 levels."
read more »
The markets rebounded sharply in late trade to close with handy gains. The Nifty closed at 4,677 up 91 points, while the Sensex shut shop at 15,770 up 255 points. Amit Dalal of Amit Nalin Securities feels the markets can pierce January and March lows sometime in the next few weeks.
read more »
Sandeep Shenoy of Pinc Research is bullish on telecom, IT, and steel. " The prime picks would be in areas where the sentiments and actual demand is not going to be hit, namely something like telecom or IT, where the impact is not going to be too much."
read more »
Sushil Kedia, KA Securities feels that if the market breaches 4, 477 levels, the downside could be as deep as 4,100 or lower. "Its adventurous to try and look for new long movements. I think one should lie low for the time being," he said.
read more »
According to Angel Broking Technical Analysis report, the indices sustaining below 15,300 15,200 / 4470 4450 levels would open more downsides in the near term.
read more »