chilukurr asked, I have 100 shares of Parsavanth devolpers bought at 440 , guide me what to do sell or hold ?
PRANAV SANGHAVI answers, at 2007-02-14 12:10:31A correction in the real estate stocks was imminent as the stocks had run up too fast too soon. But the quality stocks who deliver results would be good bets for the long term. Parsvnath has come down of its highs. You will have to hold on for some time to see your rate. You could switch to a growth stock and look at Real at a later stage.
mohit asked, should i buy TISCO AT 430 ?
PRANAV SANGHAVI answers, If you are not a long term investor I would not look at Tisco. It will take Tisco some time to digest the take over of Corus.
singheskay asked, I have HINDALCO @ 180. What should I do? I can wait for 3-4 months.
PRANAV SANGHAVI answers, I think I would wait for the stock to bottom further. Even Hindalco will take some time to digest the acquisition. The stock will not show new highs very soon.
umapathy asked, hi dear sir pls what are the doing first entry @stock market
PRANAV SANGHAVI answers, I am not too clear what you are trying to ask.
ASM asked, WHAT IS THE GOOD PRICE FOR BUYING HINDALCO AND UNITECH
PRANAV SANGHAVI answers, I would wait for getting into both the stocks. Unitech is a good bet in the real estate stocks but after the current correction in the realty stocks.
MISHRA asked, I HV INVESTED ABOUT RS 67000/=IN BAJAJ HINDUSTAN WITH AN AVERAGE PRICE OF RS. 317/= HOW COULD U HELP ME TO COME OUT OF THIS HUGE LOSS
PRANAV SANGHAVI answers, As I mentioned a couple of chats earlier, I don't think the sugar sector will perform that well over the next few quarters. I would book the loss and look at growth stocks which would yeild returns over the next 4-6 months. And this correction will help you get a good price to move into that stock too.
Pradeep asked, Hi Sir, Good morning, Guide me whether this market will go down to 13000 or how many days it will be like this - going down
PRANAV SANGHAVI answers, From the current news flow it does not look to correct that much. But one never knows news keep changing as yesterday the CRR ratio for banks was increased by 0.25% which has caused the market to correct further today.
Pradeep asked, Sir, What advise u would like to give about banking shares in the present scenario?
PRANAV SANGHAVI answers, With a rising interest rate scenario and with the current increment in CRR ratio the bank stocks will be hampered a bit. Most banks who have not opted to increase their interest rates now might do so. But on a longer term scenario if they do increase the rates which would marginalise the negative impact and stronger and large banks would perform well.
MISHRA asked, WHAT IS THE CURRENT MARKET STATUS? THE FALL IS DUE TO CORRECTION IF SO HOW LONG THE DOWNWARD TREND WILL CONTINUE?//
PRANAV SANGHAVI answers, We did have a correction over the last couple of days but todays fall is mainly due to the hike in CRR ratio. As this is perceived to reduce liquidity and if the banks don't increase their rates then they could be hit on their bottomline.
MISHRA asked, WHAT IS THE CURRENT MARKET STATUS? THE FALL IS DUE TO CORRECTION IF SO HOW LONG THE DOWNWARD TREND WILL CONTINUE?//
PRANAV SANGHAVI answers, To continue on your query, the downward trend will not be for a longer term according to me. And the overall India story is still intact. And beyond a point the markets will turn around. The budget and the March end results could be the next two harbingers for the next upward turn.
Ishan asked, Dear Sir, I have 50 Shares of Rel communication.. Shall I had purchased the shares @410.. Shall I hold or sell out
PRANAV SANGHAVI answers, I think you should hold on. It corrected slightly as it lost the Huitch bid. But in the longer term it will do well.
singheskay asked, HLL is continuously on a downward trend. What is your advice on its purchase-wait further or go for it?
PRANAV SANGHAVI answers, Below 200 HLL looks good for a long term investment. But FMCG's have not been in the fancy of investors for some time now.
moneycontrol asked, Can you please suggest few scripts for a short term invester?
PRANAV SANGHAVI answers, With the current volatile nature of the markets, if at all one does invest, one should stick with large cap blue chip stocks so as your losses are that much lesser if the markets correct further. You could look at the Tech stocks as they might benefit if the Re. does become stronger.
singheskay asked, Which are the hot sectors now?
PRANAV SANGHAVI answers, I think tech is the obvious choice. But contrary to what most experts believe I still think the cement sector will perform well over the next couple of years. You could also look at public sector banks who have corrected sharply and who might increase their interest rates. Banks like SBI is undervalued and could run up if they hike their interest rate.
Ishan asked, Can you give ur advice on Kale Consultant.. I have purchased 30 Sahres @ Rs. 118 before the market went south. I believe in long term investments.. Also HCL Tech is not doing good. I have 10 of them and want to know your views from along term prospective..
PRANAV SANGHAVI answers, I would look at Tech Mahindra, Wipro, TCS in the tech sector. The midcaps generally get hit harder in times of correction.
Dr.Shankar asked, Hi, which sectors would be preferred picks at this moment - with market showing great degeree volatility in the background of raising interest rates and inflation fears
PRANAV SANGHAVI answers, I just answered a simillar query a couple of questions back, please do refer.
hemal asked, how will Hindalco do in short to medium term say for the next 3-6 months
PRANAV SANGHAVI answers, It might still correct further before it consolidates but on a longer ter say a 3 year horizon it should perform well.
moneycontrol asked, what is your go on Ranbaxy, Megasoft, Seimens and BSEL at the current levels.
PRANAV SANGHAVI answers, Ranbaxy, Siemens are good buys at times of corrections. I don't follow the other two sorry.
Pradeep asked, Sir, what is your opinion on Centurion Bank of Punjab, Yes Bank, Kale Consultant and Unitech... What should be the buying price of Unitech and Yes Bank. Pl. advise.
PRANAV SANGHAVI answers, Centurion Bank has merged yet another bank with itself and the results should show in the coming years but with the hike in the CRR ratio they might be adversely affected. Unitech is a good bet but I would let it correct further.
My Life asked, Hi
PRANAV SANGHAVI answers, Hi.
anirban asked, Can u give advice on Arvind Mill. I Have Pur. 1000 Shares @ 49.4
PRANAV SANGHAVI answers, I think you could continue to hold on. Its a good play in the textile sector with a longer term outlook.
mokvin asked, What is your longterm view on Hind Zinc in view of falling zinc prices and sale of GOI holding by Mar 07?
PRANAV SANGHAVI answers, I think in the short term it may not rise rapidly but the company is a strong player in the metal sector and will perform well in the future.
ROMIT asked, Hi Pranav, what's MARKET OUTLOOK for next two months?
PRANAV SANGHAVI answers, Hi Romit, I think the markets would remain volatile for a short while but after the march results in April, if the corporate earnings are as good as the previous quarter the markets should start rising steadily.
Amit Mehta asked, Hi Pranav, what do u think only investing in IPO's is a good policy???????
PRANAV SANGHAVI answers, I think with the current splurge of IPO's one must choose and pick the IPO's to invest in. I would pick Idea Cellular and Mindtree form the current lot.
mokvin asked, Is tech Mahindara good long term buy at CMP?
PRANAV SANGHAVI answers, Yes I think it is.
Anuranjan asked, What happend to zee entertainment shares
PRANAV SANGHAVI answers, It has gone in for a demerger and split the company into various seperate companies each one getting an automatic listing and thereby creating shareholder value.
Pradeep asked, What's your opinion on Tulip IT ?
PRANAV SANGHAVI answers, I don't follow that stock sorry.
Pavan asked, Hello Pranav, Can we invest in Sugars for short term gains?. Also we have seen a great decline in construction stocks recently. Shall I stay invested in Action Construction bought at 320? And how long to wait for the up movement in Petronet LNG? Regards, Pavan
PRANAV SANGHAVI answers, I don't think the
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