Use rallies to get out of Cummins, avoid Tata Motors: Dipan Mehta, Elixir Equities
Dipan Mehta, Founder & Director, Elixir Equities, says he does not have much expectation from the Budget and keeping that in mind, not looking at any trading or investing strategies.
Smallcaps, midcaps to outperform Nifty; pharma earnings may surprise: V Srivatsa, UTI MF
V Srivatsa, Executive Vice President & Fund Manager at UTI Mutual Fund, says it makes no sense to take a blind call that the top 50 companies that have done well will not go up or the bottom 50 that have done badly cannot go down.
Govt investment needed to bring about a multiplier impact: Dilip Bhat, Prabhudas Lilladher
Unless and until that picture is clear, the market will continue to be very tentative and apprehensive and a “sell-on-the-rise” market, says Dilip Bhat, Joint MD, Prabhudas Lilladher.
Market won’t see selloff if it’s a 5 on 10 Budget: S Krishna Kumar of Sundaram Mutual
S Krishna Kumar, CIO, Sundaram Mutual says the market has been very realistic in its expectations and knows that it will be a very tight Budget and the government will try to maintain fiscal prudence.
Create more confidence, we don’t need out-of-the-box thinking in Budget: Keki Mistry, HDFC
Keki Mistry, VC and CEO of HDFC, says confidence is created when jobs get created.
Expect a lot of growth by next festival season: Ramesh Iyer, Mahindra Finance
Ramesh Iyer, MD & VC, Mahindra Finance, says with a deeper penetration strategy, the NBFC has been able to maintain momentum of growth and has become an aggressive player in pre-owned vehicles.
BULL'S EYE
FPIs position themselves in these 20 stocks ahead of Budget 2020
There are hopes that the government will increase FDI limit in insurance to 74 per cent.
Coronavirus impact: As markets bleed, a few stocks rally 4-5 times
Japanese firm Azearth, which is engaged in protective clothing, has rallied 139 per cent.
What to expect from Budget 2020: Tweaks in I-T rates, DDT & LTCG
Few analysts say an income-tax rate cut may not materialise this time around.
View from New York: World waits to see if FM takes a short cut in Budget
Taking a front lens to Budget instead of evaluating the past from an accounting standpoint would
Weak demand, China virus fears may take WTI crude to $50 level
Refining margins continued to remain under pressure, suggesting weak global demand for oil.
Even a small let-down in Budget will be a big negative for market
I would be a little cautious as we get into Budget, says Nitin Raheja of AQF Advisors.
This stock delivered 1,000% returns in 10 years, but now at 52-week low: Is it a good bet to look at?
It currently trades at Rs 615 after having touched its 52-week low of Rs 588.50 on January 22, 20
Going by history, buying stocks in current dip may prove rewarding post Budget 2020
Chances of market sentiment improving post Budget are a tad higher.
Brokerages see 10% upside in HDFC stock post Q3 earnings
Jefferies raised price target for HDFC to Rs 2,745 from Rs 2,510 earlier post Q3 numbers.
Market Movers
Markets Videos
Legalise betting on cricket, tax bidis and FM’s fiscal problems will be over: Swaminathan Aiyar
Going on a huge spending spree to revive the economy would be extremely dangerous.
Where to look for FAANG stocks of the future: Rajeev Thakkar, PPFAS MF
Rajeev Thakkar, CIO, PPFAS MF, says the FAANG stocks may be facing techlash in the US but there are plenty of new businesses where one can invest in a big way in the future. In India, tech companies that enable traditional businesses to improve their processes, flourish.
We are focusing on North India for gold loans: VP Nandakumar, Manappuram Finance
VP Nandakumar, MD & CEO, Manappuram Finance, says there was a tonnage growth of about 11% in gold loans but the volume growth was higher. The rise in gold prices also helped the company attain 63% profit growth.
Management commentary, not numbers, important for Bajaj twins: Devang Mehta, Centrum Wealth
If there is evidence of the economy improving, then Bajaj Finance probably would be improving a little more faster and management will sound a little bit more confident, says Devang Mehta, Head, EquityAdvisory, Centrum Wealth Management.
Volatility in Indian and global markets up irrespective of virus scare: Amit Khurana, Dolat Capital
The only apprehension about the virus scare is what impact does it have on the Q1 earnings for the broader Asian economies in terms of growth patterns, says Amit Khurana, Head of Equities. Dolat Capital.
Look at infrastructure sector with practicality, not sympathy: Dinanath Dubhashi, L&T Finance
L&T Finance CEO Dinanath Dubhashi says data analytics and artificial intelligence is taking over the world of finance and if lenders keep sticking to old methods they will become dinosaurs.
There are big bearish factors on the horizon for oil industry: Vandana Hari
Plateauing of the infections and casualties of coronavirus might be a turning point for the oil markets, says Vandana Hari,, in an interview with ETNOW.
Buy SBI on dips, avoid aviation for now: Deepak Shenoy, Capital Mind
Deepak Shenoy, Founder, Capital Mind, says IT remains a cash-heavy strong balance sheet part of portfolio like FMCG. But IT is a lot less expensive than FMCG.
Very little scope for disappointment as we get closer to Budget: Nitin Raheja
Nitin Raheja, Co-Founder, AQF Advisors, says January has been a very good month running up to the Budget with midcaps and the broader market bouncing back.
Brent crude has support at around $57.50-58: Jonathan Barratt
Jonathan Barratt, CIO, Probis Securities says base metal and oil prices have come under a lot of pressure following the coronavirus scare.
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