Shares of Bharti Hexacom on Friday rallied 6% on BSE to its day’s high of Rs 1,245.70 after the global brokerage firm Citi initiated coverage on the stock with a buy rating and a target price of Rs 1,405. “The company is an attractive midcap telco with a strong growth outlook. It is a pure-play … Read more
Hemang Jani, Independent Market Expert, says both in India and the US, the markets have run up quite sharply. There is an incremental upside because these developments may be not very significant and we have to be slightly more careful because the market is pricing in the best-case scenarios and incremental news flow in terms … Read more
“On the other side, the liquidity flow from the domestics continues relentlessly and we are amongst the few markets where the broader markets are doing so well,” says Mihir Vora, CIO, Trust MF.At 24,000 odd, a lot of investors who have made very handsome gains in their portfolios, trading books, as well as running their … Read more
“I think one thing the market is now trying to price in is that it will survive and I think the first worry was that whether it will survive or not. I think the bigger worry from an investor point of view would be how quickly it can build network, how quickly it can win … Read more
“I think just enjoy sometimes. It is good to enjoy the gains and be happy about it. And wait for bargains. Days like 4 June can come once in a while. But last 40 years if you see, every year there has been a 10% correction. And I think India remains a buy on dip, … Read more
