Today's Stock market update ; Sensex , Nifty flat.The market has opened flat. The Sensex is up 56.99 points at
29506.68 and the Nifty is up 9.45 points at 8965.20. About 492 shares
have advanced, 215 shares declined, and 100 shares are unchanged.
“We will be
achieving higher milestones this year. I am extremely bullish on the
prospects of the market,” he told CNBC-TV18. He sees Nifty at 11000
by this year-end. As far as this Budget goes, there is no cause for
concern, he says. For a while, the Budget was being pointed to as a
probable cause for a big drop in Nifty, it in fact has removed the
probability of it happening, he adds.
In the private banking space, he says there is a clear shift of preference. The patronage has shifter from ICICI Bank to Axis Bank and Kotak Mahindra Bank. He believes Jubilant Foodworks is a better buy than Just Dial.
Shares of Mahindra & Mahindra slipped 3 percent intraday after its February sales number was disappointing. The auto manufacturer reported 10 percent decline in total sales at 38,033 units in February. It had sold 42,166 units in the same month last year, the company said in a statement.
In the private banking space, he says there is a clear shift of preference. The patronage has shifter from ICICI Bank to Axis Bank and Kotak Mahindra Bank. He believes Jubilant Foodworks is a better buy than Just Dial.
Shares of Mahindra & Mahindra slipped 3 percent intraday after its February sales number was disappointing. The auto manufacturer reported 10 percent decline in total sales at 38,033 units in February. It had sold 42,166 units in the same month last year, the company said in a statement.
