Moneycontrol Market Outlook

See no major respite for rupee in near-term: Barclays Cap

Wed, 16 May 2012 22:13:33 +0530

Siddhartha Sanyal, chief India Economist, Barclays Capital say that the equity market near-term sentiment can be linked to global risk sentiment which seems to be taking some beating as of now and that will have some implication for the near term trajectory of rupee as well.

9 brokerages on what to buy in these volatile times

Wed, 16 May 2012 19:21:00 +0530

9 brokerages on what to buy in these volatile times

Avoid Satyam, buy Dish TV: Tulsian

Wed, 16 May 2012 16:30:10 +0530

SP Tulsian of sptulsian.com, says that he does not holds a positive view on oil sector stocks. He also says that digitization will help Dish TV post better numbers in future. Tulsian says he does not expect good numbers from Satyam in coming result.

Expect market trend to remain bearish: FinMin Sources

Wed, 16 May 2012 14:42:33 +0530

Though the Indian market and rupee is getting battered and bruised by the bears, the government still feels it is isn't time to panic yet. However, the government is keeping a close watch on developments and thinks that the rupee will find its own level, reports CNBC-TV18 quoting finance ministry sources.

Focus on auto, IT; avoid banks: Ambit Capital

Wed, 16 May 2012 14:05:26 +0530

The Indian market is badly hit by global as well as domestic factors. Saurabh Mukherjea of Ambit Capital says, this was always on the cards with Greece descending into political chaos. He advises investors to focus on sectors such as auto, IT rather than trying to buy banks, real estate, power and infrastructure.

FY13 JLR volume target steady at 3,60,000 units: Kotak Inst

Wed, 16 May 2012 12:40:00 +0530

Tata Motors’ April global sales were unimpressive which came in at 87,377 units. Their total JLR global sales came in at 25,143 units. April global CV sales came in 8% lower at 38,008 units YoY.

See major uptick in power sector ahead: Feedback Ventures

Wed, 16 May 2012 11:29:48 +0530

Vinayak Chatterjee, chairman, Feedback Ventures told CNBC-TV18 that he expects to see a significant uptick in the power sector in the next three-four months.

Sensex could touch Dec levels of 15,150: Angel Broking

Wed, 16 May 2012 10:47:26 +0530

Markets are red across the screen and in India the story is no different. Rajen Shah of Angel Broking says there is a lot of pain in the system due to the rumblings from the eurozone.

Damani warns bad days to remain, bets on pharma consumer

Wed, 16 May 2012 10:22:57 +0530

The tough and bad days for Indian market are far from over. Foreign funds are eroding from India and experts warn that it is still indicating anemic symptoms. Ramesh Damani, Member, BSE is worried that the market is on a downtrend on the back of disappointing news and a modest amount of selling may push it further down.

Nifty may see further downside; 4765 is key: Edelweiss Sec

Wed, 16 May 2012 09:51:23 +0530

The Indian market has been weak for the last few days. In an interview to CNBC-TV18, Atul Badkar of Edelweiss Securities says, further downside cannot be ruled out.

See 4500 on Nifty in 8-12 months: Prabhudas Lilladher

Wed, 16 May 2012 09:43:17 +0530

Due to the volatile environment around the globe and in India, Dilip Bhat of Prabhudas Lilladher expects the Nifty to fall to 4500 levels by December.

Expect Sensex to drift lower to 15000: BofA ML

Wed, 16 May 2012 08:00:02 +0530

Jyotivardhan Jaipuria, BofA ML said they had been surprised at the resilience of markets. They continue to expect it to drift lower to expected 15,000 levels.

Buy IT, pharma stocks, says IIFL's Nirmal Jain

Tue, 15 May 2012 19:40:20 +0530

In an interview with CNBC-TV18, Nirmal Jain, chairman of broking firm IIFL, spoke about his reading of the market condition and the road ahead.

Expect more upside in LT, Reliance: Tulsian

Tue, 15 May 2012 16:32:45 +0530

SP Tulsian of sptulsian says that hike in urea price was over due. If the urea price is increased then the subsidy burden of the government will also reduce. He also says both traders and investors can buy Orchid at Rs 120 levels. At the current price, Reliance has potential for some upward movement.

Expect risk trade to come back in 3-4 weeks: PN Vijay

Tue, 15 May 2012 16:18:16 +0530

In an interview with CNBC-TV18, portfolio manager PN Vijay, spoke about his reading of the market condition and the road ahead.