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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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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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Sudarshan Sukhani of s2analytics.com tells CNBC-TV18 that the market is going to remain choppy while trading in a range between 5300-5500.
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The Cabinet has allowed state-run companies to buyback shares. Jagannadham Thunuguntla of SMC Global Securities believes that stocks like MMTC, STC, HMT and SAIL are likely to witness some momentum.
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SP Tulsian of sptulsian.com in an interview to CNBC-TV18 gave readings and outlook on stocks across various sectors like ONGC, IFCI, Suzlon and fertilizer stocks.
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The Oil and Natural Gas Corporation (ONGC) auction, expected to have started at 9.15 am, will carry on till 3.30 pm. The floor price of the auction sale is at Rs 290 per share. Experts are positive on the stock and see huge upside potential.
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After the big selloff we have seen the past few days, Sudarshan Sukhani of s2analytics.com believes that the market is not ripe for a rebound.
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CRISIL Research has assigned a grade of 3/5 to the proposed IPO of Tribhovandas Bhimji Zaveri Ltd (TBZ). This grade indicates that the fundamentals of the IPO are average relative to other listed equity securities in India.
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