1 vote
Aditya Narain of Citi expects a fiscal deficit target of 5.2%, with some tax increases. The Budget cannot please all and for the market, the downside risks probably outweigh upside ones, he says.
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The shares of BCB Finance, Mumbai based non-banking finance company, opened with 8% premium on listing day on BSE's SME Exchange. The opening price for the stock was at Rs 27 (a equilibrium price decided in pre-opening session) as against iss
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With robust investor demand seen at the listing of the Multi-Commodity Exchange (MCX) today and its price soaring past Rs 1,400 level, CNBC-TV18s Udayan Mukherjee, however, says it is probably time to press the caution button and not go overboard.
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Don't expect Reliance Industries to fall below Rs 750, says SP Tulsian of sptulsian.com.
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Punita Kumar Sinha, Managing Partner, Pacific Paradigm Advisors says after Assembly poll debacle, Congress has nothing further to lose and can actually introduce reforms.
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In an interview to CNBC-TV18, Sudarshan Sukhani of s2analytics.com says the Nifty can seek support at 5100.
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SP Tulsian, sptulsian.com has picked Binani Industries and Indag Rubber as multibagger stocks for the day. He expects these stocks to perform well ahead.
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In the near-term, the market is likely to be rangebound as it faces another couple of key events in the form of the Budget the Monetary Policy, says Ridham Desai of Morgan Stanley.
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1 vote
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1 vote
SP Tulsian of sptulsian.com, in an interview to CNBC-TV18, said that the market may be up on a possible Samajwadi Party (SP), Congress alliance in Uttar Pradesh.
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Speaking to CNBC-TV18, Anup Bagchi of ICICI Securities says that the markets had already anticipated that Samajwadi Party would secure 180-185 seats at the upper end.
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Sudarshan Sukhani of s2analytics.com spoke to CNBC-TV18 about how to play the market today as it stands poised for the Assembly election results. Check out his comments.
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Anu Jain, IIFL Private Wealth Management sees the trend for the Nifty getting stronger on the downside. From a short-term perspective, she expects Nifty to find support between 5,440 - 5,450 levels.
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Last week's weak GDP data has made it even more likely that the RBI will start cutting rates next quarter whatever the inflation data is, says Chris Wood of CLSA.
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