Bill Maldoando tells ET that he's bullish on Indian equities
 |
 | Dated:04 February,2013 |
The Sensex today closed 30 points lower due to profit-booking mainly in banking and oil stocks amid weak quartelry earnings by some banks.
Analysts feel that most of the good news is already factored in and valuations are no longer at attractive levels.
Bill Maldoando tells ET that he's bullish on Indian equities and that stocks are the best asset class for investment in 2013.
Views on Stocks/Markets
Rupee / Gold
More 'Market' News
We are bullish on banking, auto and IT stocks, and have a year-end Sensex target of 22,500, says Varun Lohchab.
India will remain vulnerable now to pick up in cost of energy and commodities globally as recovery continues to unfold, says Michael Kurtz.
Diversified stock MFs underperformed the market by a wide margin in January, as exposure to financials and to mid- and small-cap stocks hit returns.
|
| Market Round-up |
| 19751.19 | -30.00 |
| 5987.25 | -11.65 |
| 1,402.22 | .87 |
| 3,011.25 | -4.61 |
| 53.2152 | .00 |
|
|
| NSE Gainers |
| Scrip | Price(Rs.) | %Change |
| 151.90 | + 16.80 |
| 42.05 | + 13.65 |
| 6.85 | + 13.22 |
| 12.95 | + 12.61 |
| 24.50 | + 11.36 |
|
|
| NSE Losers |
| Scrip | Price(Rs.) | %Change |
| 2.50 | -24.24 |
| 47.75 | -19.95 |
| 136.35 | -13.24 |
| 2.15 | -10.42 |
| 1.65 | -8.33 |
|
|
|
|
No comments:
Post a Comment