Metal stocks gain on likely trade dealVedanta, Hindalco Industries, Tata Steel and Steel Authority of India advancing 2-4%.
Retail investors raise stake in poor stocks hoping for a turnaround"Retail investors should not get into these companies and not bottom-fish,” said Sofat of IIFL.
Gone in 5 days: RIL loses Rs 1 lakh crore in mcap, ‘most valuable’ tagTechnical analysts believe that the medium-term trend for Reliance Industries remains positive.
Elections a big overhang, many sitting tight: Abhimanyu Sofat"Auto numbers continue to disappoint and we are cautious on the sector."
IIFL's Abhimanyu Sofat is bullish on these 3 IT midcapsA lot of people are postponing decision-making in terms of investing till elections are over, says Sofat.
OMCs, auto companies see big EPS cutsIn total, 22 of the Nifty 50 companies saw their EPS decline in the range of Rs 0.2 to Rs 32.2.
Expect 20% upside in Axis Bank in next 6 months: Abhimanyu Sofat, IIFLOverall, HFC is a segment where you should venture only if you are a high-risk guy, says Sofat
What IIFL’s Abhimanyu Sofat is looking at in a falling market“Despite excise cut in ATF, better to stay away from aviation companies”
IIFL's Abhimanyu Sofat makes a pitch for auto, private banks"We believe Hero could be one stock which provides a decent risk reward at current levels."
Better to avoid these three sectors, says Abhimanyu Sofat of IIFL"We will like to see 10% more correction in cement stocks before building a position."
Better to bet on private lenders than PSU banks: Abhimanyu Sofat"The privatisation of banks looks quite unlikely in the current political scenario."
BEML will be something that I would vouch for out of the three: Abhimanyu Sofat, VP-Research, IIFL,I am pretty confident that going forward despite that short-term challenges of GST, one is likely to make decent amount of money from curre...
Retail investors should go for CDSL IPO: Abhimanyu SofatIt is duopoly business with NSDL and CDSL being the only two players right now in the market.
Betting on Coal India in the metals space; RBL Bank to gain from note ban: Abhimanyu Sofat, IIFL"I would rather look at focussing more on B2B kind of businesses, currently something like a Power Finance Corporation."
Robots in investing: AdviseSure wants to disrupt the financial advisory marketAs a financial planning firm, AdviseSure simply uses the efficiency of a machine and the understanding of a human to come up with the best ...
- There is still value in emerging markets: Barclays Capital
In an Interview with ET Now, Prakriti Sofat, Regional Economist, Barclays Capital, discusses global economy and the markets. Excerpts:
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The murder of British teenager Scarlett Keeling got Goa a bad press but tour operators here insist that there has been no let up in booking...