Bullish on IBN18, TV18, Zee: IDFC SSKI
Nikhil Vora, MD, IDFC SSKI, said the preferred entry points in media would be IBN18, Zee News, and also TV18, despite the fact that there are certain issues which relate to corporate transparency in the group. \”We would buy IBN18, valued at USD 300 million, visavis Zee Entertainment, valued at USD 1.2 billion.\”
Ashish Chugh bullish on Marg, Maharashtra Scooters
Ashish Chugh, Investment Analyst and Author, Hidden Gems, is bullish on Marg Ltd and Maharashtra Scooters. The former, he said, is a Bajaj Auto group company and holds 33.87 lakh shares in each of the three demerged entities. He likes Marg as it is a play on the realty and infrastructure space.
Nifty has resistance at 2835: Mansukh Securities
According to Mansukh Securities and Finance\’s report, Nifty is moderately bullish but at the same time it is near its important resistance at 2835.
See Nifty above 3K in Dec: Rajat Bose
Rajat Bose of rajatkbose.com said one can play on the long side if the markets open flatish. \”The current market rally has long legs. Once the Nifty crosses 2,859 level, most skeptics would also turn bullish. Bose said the initial target is 3,000 on the Nifty in December, but it can even move up further.
Direct selling industry bullish on growth
New Delhi, Dec. 4 The Indian direct selling industry is growing at a rate of 13 per cent and has posted a turnover of Rs 2,851 crore for the year 2007-08, according to the Indian Direct Selling Association (IDSA), the premiere body governing 16
Bullish on Power, Cap Goods, Infra:Karvy
Ambareesh Baliga of Karvy Stock Broking says that the leaders in the next up move could be power, capital goods and infrastructure.
Sensex rises on stimulus hopes
Indian stock market indices Thursday outperformed other Asian peers as sentiments turned bullish on expectations of a fiscal stimulus and interest rate cuts by the weekend. Fall in domestic inflation and a positive tick in European markets provided further support.
Reliance Life to hire 2,500 managers, 90k advisers
Bullish on growth of the insurance sector, Reliance Life Insurance is set to hire 2,500 managers, besides 90 thousand advisers in the next four months.
Bullish on oil gas, power, education: IDFC PE
Luis Miranda, President and CEO, IDFC Private Equity, said despite the pessimism and depression in West, he is optimistic about growth in India. The fund, he said, is focusing a lot on the power sector. \”We are also looking at oil gas and education sectors.\”
Brokers bullish on ICICI Bank, Sun TV, Aban Offshore
Brokerage houses are bullish on ICICI Bank, Sun TV, Aban Offshore and GVK Power.