Top-performing technology shares are set to rise further because the information technology (IT) sector has coped with the downturn better than many other industries, according to analysts. Several fund managers believe that IT companies would also be quicker to benefit from early signs o…
NDTV can test Rs 180: M Thacker
Posted on: May 28th 2009 in Stock Views.
Mitesh Thacker, Technical Analyst, miteshthacker.com is of the view that NDTV can test Rs 180. Thacker told CNBC-TV18, “The media stocks have been moving up for quite some time. Now we have seen TV18, TV Today and NDTV move up a lot. Yesterday they were in the limelight, the stocks…
Buy Federal Bank, target of Rs 277: Motilal Oswal
Posted on: May 26th 2009 in Brokerage Recommendations.
Motilal Oswal has maintained its buy rating on Federal Bank with a price target of Rs 277 in its report dated May 25, 2009. “Federal Bank’s 4QFY09 results were significantly below our expectations. NII growth was lower than we had estimated, tax rate was higher than we had expect…
Value buys: Bharti Airtel, State Bank of India and Larsen & Toubro
Posted on: May 25th 2009 in Stock Views.
Last Monday proved to be a europhic day for Indian investors with the markets hitting the upper circuit as the news of a new Central government, insulated from the vagaries of coalition politics, unleashed a wave of positive sentiments. The Sensex jumped 2,000 points touching 14,000, th…
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