The market is ploughing ahead. The correction happened before Oct 1.
Ramesh Shrichand Damani says the best way to tackle the market in the near term is to remain invested.
Rakesh Jhunjhunwala sounded another note of caution on the nature of the latest bull run.
Most pundits see room for a market correction in the light of domestic issues, especially the falling rupee and a lack of reforms, coupled with looming global uncertainties.
Ramesh Damani, stock broker, Bombay Stock Exchange, is known for prudent stock-picking. Though he prefers to be cautious while talking on individual stocks due to regulatory issues, in an interview with Business Standard, he drops a few hints about the current rally and the sectors he is betting on.
Mallya has to deliver or he won't be able to raise money for the airline.\n
Seven stock market experts discuss the prospects for Indian stocks
There are only two seasons in the stock market, one is bullish and one is bearish.
Bad monsoon would be bad news for the market except tech.
The IPO boom in 2023 added four new promoters to the billionaires' list.
Coffee Day Enterprises has already raised over Rs 334 crore from anchor investors.
'People always short-change the resilience of the economy.'
Pent up selling will take place during the first 2 weeks of October
Free speech is the soul of a great university. By compromising on it, the founders have bartered away its soul, said Rajan.
Valuations are in our favour. Markets should find a way to go higher.
Ramesh S Damani on what will happen to the BPO business if John Kerry is elected the next US President.
'If the Sensex remains over 5000 for some time, it will climb higher,' says says Ramesh S Damani.
Market should rebound in the next few days
If Manmohan becomes the PM candidate the markets will open with a huge positive gap on Wednesday. It is good for the markets. The best bet would be the technology sector", says Ramesh S Damani.
Ramesh Srichand Damani guides you on investment strategy.
TV Today will blossom once FDI in braodcasting comes. That would be a big boost.
Ramesh Shrichand Damani guides investors with sharp, incisive observations on the stock market.
Apollo Hospials is the best player in the healthcare sector
' Post-budget any bad news will see a selloff of shares,' says Ramesh Shrichand Damani.
Two small cap ideas are Mount Everst and Gati. Both for patient investors.\n
I don't place much emphasis on timing the market. Stocks don't move up because we buy them, says Ramesh S Damani
That should be growing well. Look at FT articleon Nucleus dated May 11
'The market is in a trading zone, perhaps till the budget. However, long-term investors should be buying,' says Ramesh S Damani.