Hold GVK Power for long term: Phani Sekhar

In an interview with ET Now, , Fund Manager-PMS, Angel Broking, gives his views on the market. Excerpts:- ET Now: What is the advice that you are giving to your clients given the kind of correction that we are seeing? : The correction did not come ...

He further added, "Generally the timeline for getting a licence and more importantly operationalising a bank it is easily, 1.5 year from now, that is the earliest that you are talking about. So, should you be buying L&T Finance Holdings at this ...

Phani Sekhar, Fund Manager of Angel Broking advises it will be a good idea for the investor to cut losses in Aptech as soon as possible and look at other greener pastures.

Phani Sekhar, Fund Manager of Angel Broking advised holding on to Tata Motors. He also advised accumulating the stock at around Rs 250-260.

Phani Sekhar, Fund Manager of Angel Broking is of the view that Union Bank might be give another 5-10 percent bounce because of the flavour of PSU banks.

According to Phani Sekhar, Fund Manager of Angel Broking one should continue to hold HCL Technologies, the stock can go upto Rs 900 over the next one year.

Phani Sekhar, Fund Manager of Angel Broking advised holding Tata Motors or buying on declines with long term perspective.

Tata Motors can appreciate 25-30 percent over the next two to three years, says Phani Sekhar, Fund Manager, Angel Broking.

Phani Sekhar, Fund Manager of Angel Broking advised booking profits in GSK Consumer and buying large private sector banks.