NEW DELHI: Hopes a US stimulus package, expectations of strong Q2 numbers and FII buying: These are the ingredients behind the relentless stock market rally that has pushed benchmark indices to near their eight-month high levels. But the big question that’s playing on everyone’s minds is if this is the opportune time to book some … Read more
CV cycle will take a much longer time to recover than what we have seen in two-wheelers and to some extent in four-wheeler cars, says, analyst, asksandipsabharwal.com. Would you say that we are out of the woods?In my view markets are grappling with the fact that there has been a huge run up and that … Read more
Personally, I would rather look at opportunities to buy Bharti whenever it gives a correction and keep on adding to that, says the analyst, asksandipsabharwal.com. What is your outlook on Manappuram Finance which continues to ride the tide?Manappuram has a few businesses and most of the businesses are doing well including the core business of … Read more
NEW DELHI: The domestic equity market has turned listless over the past couple of weeks following an exuberant rally from the March lows. The one-step-forward-and-two-step-back kind of movement might frustrate investors, but it’s a reminder that there is no shortcut to making money. Patience! That’s the broader sense one gets in some of the tweets … Read more
Putting restrictions against imports to boost manufacturing in India may backfire and we should not get excessively excited on this issue, says the analyst, asksandipsabharwal.com State Bank of India came out with good numbers, especially on the moratorium front. They have a historic loan book which may not be dominated by the salaried class and … Read more
Obviously with the kind of fund flows Reliance managed to get in the Jio platform, some rally was likely to happen but Rs 2,100 was the target of many analysts, one or two years down the line, says the analyst at asksandipsabharwal.com. What has been your take away on ICICI numbers?ICICI Bank results on a … Read more