Kr Market

A kilo of tomato is being sold between Rs 90-100 in the open market affecting middle classes and the poor people, the government said in an official release.

A man brought vehicles on a flyover in Bengaluru to a standstill after he threw money at people and on the crowd below in a busy market area of the city.

Deven Choksey, MD of KR Choksey Securities, is optimistic that D-Mart will be able to sustain profit growth in the future.

Hemen Kapadia of KR Choksey Securities expects Nifty to face hurdle at 7,920. Market was oversold and investors should avoid stocks which are yet to come out with corporate earnings, he added .

Hemen Kapadia, senior vice president of KR Choksey Securities, says the Nifty is unlikely to sustain above 7,250. A break below 7,200 could send the index lower to 7,100 before expiry, he added.

Domestic stock markets are likely to be choppy as the year draws to a close. Volumes are likely to be muted, which means gains and losses could be exaggerated. NDTV Profit caught up with Hemen Kapadia, senior vice president of KR Choksey to discuss what stocks to buy and sell.

Hemen Kapadia, senior vice president with KR Choksey Securities says markets are likely to rally over the next two weeks, but it will be a surprise if Nifty manages to scale 8,250. A swift rally is not expected in the index and stock specific action will be seen in mid-cap and small-cap stocks, he added.

Hemen Kapadia, senior vice president at KR Choksey securities told NDTV that derivative rollovers have been weak so far, which is sign of weakness in the market. However, he said that midcap stocks are likely to outperform largecap stocks in the near future. He expects stock specific movement in midcap stocks.

Hemen Kapadia, senior vice president with KR Choksey Securities, says the Nifty has rallied 850 points from lows. The index is due for a correction of 100-200 points, and if it breaks 8,250, the Nifty can see even more selling pressure, he says.

Hemen Kapadia, senior vice president at KR Choksey, prefers going long on individual stocks than broader markets at current levels in the near term, as a limited upside seen in the Nifty.

Hemen Kapadia, senior vice president at KR Choksey Securities says the overall trend of Nifty will be negative but it the index is unlikely to break 7,500 as lots of puts have been written at this strike. He expects Nifty to remain in a range of 7,720-8,050 in the near term.

Indian stock markets turned extremely volatile on Tuesday, with the BSE Sensex trading in an 800-point range and the Nifty moving in over 200-point band.

Hemen Kapadia, senior vice president at KR Choksey Securities expects the Nifty to remain rangebound till the blue chip index closes above 8,650. A close below 8,448 will open the door for downtrend till 8,250, he added.

Amid high selling pressure in the markets Hemen Kapadia, senior vice president of KR Choksey told NDTV that the correction was due to happen and does not see the Nifty falling below 8,500.

Shares of Punjab National Bank fell 1.5 per cent after chairman and managing director KR Kamath completing his term yesterday. Mr Kamath's exit was a surprise for some investors who were expecting an extension for him, traders said.

A kilo of tomato is being sold between Rs 90-100 in the open market affecting middle classes and the poor people, the government said in an official release.

A man brought vehicles on a flyover in Bengaluru to a standstill after he threw money at people and on the crowd below in a busy market area of the city.

Deven Choksey, MD of KR Choksey Securities, is optimistic that D-Mart will be able to sustain profit growth in the future.

Hemen Kapadia of KR Choksey Securities expects Nifty to face hurdle at 7,920. Market was oversold and investors should avoid stocks which are yet to come out with corporate earnings, he added .

Hemen Kapadia, senior vice president of KR Choksey Securities, says the Nifty is unlikely to sustain above 7,250. A break below 7,200 could send the index lower to 7,100 before expiry, he added.

Domestic stock markets are likely to be choppy as the year draws to a close. Volumes are likely to be muted, which means gains and losses could be exaggerated. NDTV Profit caught up with Hemen Kapadia, senior vice president of KR Choksey to discuss what stocks to buy and sell.

Hemen Kapadia, senior vice president with KR Choksey Securities says markets are likely to rally over the next two weeks, but it will be a surprise if Nifty manages to scale 8,250. A swift rally is not expected in the index and stock specific action will be seen in mid-cap and small-cap stocks, he added.

Hemen Kapadia, senior vice president at KR Choksey securities told NDTV that derivative rollovers have been weak so far, which is sign of weakness in the market. However, he said that midcap stocks are likely to outperform largecap stocks in the near future. He expects stock specific movement in midcap stocks.

Hemen Kapadia, senior vice president with KR Choksey Securities, says the Nifty has rallied 850 points from lows. The index is due for a correction of 100-200 points, and if it breaks 8,250, the Nifty can see even more selling pressure, he says.

Hemen Kapadia, senior vice president at KR Choksey, prefers going long on individual stocks than broader markets at current levels in the near term, as a limited upside seen in the Nifty.

Hemen Kapadia, senior vice president at KR Choksey Securities says the overall trend of Nifty will be negative but it the index is unlikely to break 7,500 as lots of puts have been written at this strike. He expects Nifty to remain in a range of 7,720-8,050 in the near term.

Indian stock markets turned extremely volatile on Tuesday, with the BSE Sensex trading in an 800-point range and the Nifty moving in over 200-point band.

Hemen Kapadia, senior vice president at KR Choksey Securities expects the Nifty to remain rangebound till the blue chip index closes above 8,650. A close below 8,448 will open the door for downtrend till 8,250, he added.

Amid high selling pressure in the markets Hemen Kapadia, senior vice president of KR Choksey told NDTV that the correction was due to happen and does not see the Nifty falling below 8,500.

Shares of Punjab National Bank fell 1.5 per cent after chairman and managing director KR Kamath completing his term yesterday. Mr Kamath's exit was a surprise for some investors who were expecting an extension for him, traders said.