CY13 Sensex target at 20700; bet on NBFCs, pvt banks: HSBC

In an interview with ET Now, Paul Mackel, Managing Director-Head of Asian Currency Research, HSBC, shares his outlook for currency. Excerpts: ET Now: The rupee has been on a weak trend and is down nearly 3% in May. Besides the strength in dollar, ...

Gautam Chhaochharia, head of mid-cap research, UBS India is positive on the Indian equity market and expects Nifty to hover in the broad range of 5500-6400 this year.

Reliance Industries is a good long term bet, says Nandan Chakraborty, MD - Institutional Equity Research, Axis Capital.

Nomura Equity Research has upgraded Exide Industries to buy rating with a target price of Rs 151.

This indicates that the fundamentals of the IPO are strong relative to the other listed equity securities in India. The grade is not a recommendation to buy, sell or hold the graded instrument, or a comment on the graded instrument's future market price or ...

Emkay Global Financial Services has come out with its technical report on Indian equity markets. The research firm feels the market will remain volatile ahead of expiry. According to him, one needs to trade with the strict stop loss.

Magnum Research in a morning report on equity market says the Nifty will face resistance near 6,040 levels. The brokerage house sees support near the 5,930 mark.

In an interview to CNBC-TV18, Manoj Garg, VP, Institutional Equities - Research, Edelweiss Securities shares his outlook on the pharmaceutical companies that reported their fourth quarter numbers recently.

Reuters Market Eye - Nomura Equity Research is "overweight" on rate cyclicals and defensive growth plays but remains "underweight" on domestic growth cyclicals.