In an interview to CNBC-TV18 VK Sharma pointed out that the market took longer time to touch 5,629 from a level of 4,550 and has still not retraced even 60% of that rise. "This gives you some confidence that the market is still in a mood to look at selectively and is not in any mood to hurry," he said.
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Abhjit Chakraborty, Sr VP- Institutional Equity, Fortune Financial expected that with the GAAR issue kind of postponed, market should have rebounded but the fact that even after that incident the market has seen a sharp fall doesn't auger well.
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Despite posting good numbers in Q4, SP Tulsian of sptulsian.com ranked the performance of Jubilant Foodworks as flat on a sequential basis. In his analysis on the day's stock-movements on CNBC-TV18, Tulsian said, âI will be taking this as an expensive valuation and won't be convinced to enter the stock.â
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In the first article of the series, we compared the revenue distribution of Infosys and Wipro. In this article, we are going to compare Infosys and Wipro on the basis of their present business strategies, management quality and some of the financ
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The Nifty stayed lower for the second consecutive session on Wednesday amid Greece concerns and depreciating rupee. It declined 25.15 points to end at 4,974 yesterday.
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Jitendra Sriram, HSBC Securities said they had a Sensex target of 19,300 by year end, indicating an upside of 14%.
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Hemant Thukral, national head-derivative desk, Aditya Birla Money told CNBC-TV18 the market looks oversold now and is looking for a rebound. âI will be playing for a rebound till Nifty holds 4,950 levels.
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In an interview to CNBC-TV18, Rahul Mohindar of viratechindia.com says the bears have a firm grip right now and expects the market to free fall to about 4,850, even 4,700.
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Global as well as domestic factors are weighing on the Indian market. Raamdeo Agrawal, director and co founder of Motilal Oswal Financial Services sees weakness in the market.
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Vaibhav Agrawal, banking analyst, Angel Broking in an interview to CNBC-TV18 reviewed Q4 earnings of Punjab National Bank and Union Bank.
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S Naren, CIO Equity, ICICI Prudential says that we are still waiting for a resolution on oil subsidies which has not happened and that I think has affected sentiment.
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Domestic companies, which are looking at overseas expansion especially in developed markets, prefer the merger and acquisition (MA) route, says a survey by the Indian School of Business (ISB).
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SP Tulsian of sptulsian.com, in his analysis of the dayâs stock-movements on CNBC-TV18, is particularly worried about infra stocks announcing expansion plans with books loaded with debt
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SMC Global has come out with its report on Plastene India's IPO issue. According the the research firm, investors with high risk appetite can consider this issue.
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Mumbai based Jewellery retailer Tribhovandas Bhimji Zaveri disappointed investors by falling more than 7% on Wednesday to close at Rs 111.20 on the BSE.
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