Sanjiv Bhasin, executive vice president, markets & corporate affairs at IIFL says domestic markets have been able to delink themselves from weak global cues. (Watch)
Stock Talk
Dr Reddy's Lab: Despite the run up, it may still offer a bit of upside; quarterly numbers have shown growth.
Cipla: The stock has seen a downside after the results. Cipla's model is such that it keeps innovating and with certain drug approvals having come through in Europe, sales will start to kick in.
Tata Elxsi: The stock has outperformed, so investors should book profits now. All the way from Rs 1,100, we have been recommending profit booking.
NIIT Tech: Bullish on the stock. Any decline is an opportunity to get into the stock.
Tata Motors: At Rs 350, it is a buy. All the negatives have been priced in including China slowdown and JLR. The commercial vehicle (CV) segment is picking up and CV will be an outperformer in the domestic market.
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