1:30 pm Market outlook: Sandip Sabharwal of asksandipsabharwal.com is very skeptical
of the market for the first few months of 2015. According to him the market is
likely to enter a difficult phase. The upcoming earnings season could be one of
the worst in past several years and some of the global headwinds with regards
to liquidity also remain, feels Sabharwal. Sector specific, he thinks telecom
could outperform once the auction process is over but It and captial goods
could report muted third quarter earnings. Some midcap stocks could be good
bets for 2015.
Why is it risky for
Bharti Airtel to charge for VoIP?
The market is still struggling with
the Sensex down 107.36 points at 27101.25. The Nifty was down 18.25 points at
8155.85. About 1221 shares have advanced, 1325 shares declined, and 118 shares
are unchanged.
Trading volumes remained low as
investor interest was subdued despite Friday being the first trading day for
the new monthly derivatives contract, traders said. Infosys, Sun Pharma, HDFC,
Hindalco and SBI are major gainers while ITC, Maruti, ICICI Bank and Tata
Motors are laggards.
Japanese
stocks ticked up, with sentiment buoyed by bullish expectations for 2015
helping to overcome slight losses from profit-taking in the morning session.
The Nikkei benchmark closed up 0.1 percent at 17,818.96 in quiet trade. The
average added 1.1 percent over the holiday-shortened week, which saw the
thinnest trade volume since May. More information please visit this site www.bigprofitbuzz.com
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