GAAR deferment to boost FII sentiment, buy IT stocks: Ambit Capital

  • 13:02
  • Published On: May 08, 2012
Cinema View
Embed
Saurabh Mukherjea, Head of Equities at Ambit Capital told NDTV profit that the FII sentiment will improve ahead as a result of the finance minister's announcement that the General Anti Avoidance Rules (GAAR) will be deferred by one year to FY2013. "Global cues may remain negative but declining crude prices may boost equities," he said. He is overweight on HCL Tech and TCS, bullish on Prestige Estates, Oberoi Realty and Sobha Developers.

Related Videos

Rs 13 Lakh Crore Of Investor Wealth Wiped Out In 2 Days
November 14, 2024 2:28
Nifty Sees Resistance At 23,800, Analysts Caution Against Further Downside
November 13, 2024 3:07
Inflation In India | Inflation Rises, Industrial Output Grows
November 13, 2024 14:43
Market Crashes Ahead Of US Polls, Slides Over 1,000 Points
November 04, 2024 5:39
Hyundai India's $3.3 Billion IPO, Country's Largest Ever Share Sale, Rolls Out
October 15, 2024 2:29
What Is The Impact On Markets As Middle East Conflict Rises?
October 03, 2024 10:37
China Stocks Just Had Their Best Day In 16 Years
October 01, 2024 0:50
Geopolitical Risks Hurt Markets
September 30, 2024 3:19
China Stocks Skyrocket: Biggest Weekly Surge Since 2008
September 30, 2024 0:51
Stock Market Rattled As New Japan PM Takes Office
September 30, 2024 0:47
Explained: How Are Young Investors In Tier 2 Entering Stock Market
September 24, 2024 24:36
Share Market News Today | Sensex Soars Over 1,000 Points
September 20, 2024 4:50
  • The Biggest Stories Of November 24, 2024
    November 24, 2024 21:57

    The Biggest Stories Of November 24, 2024

  • Why India Is Disappearing Under China In Tectonic Tug-Of-War
    November 24, 2024 0:57

    Why India Is Disappearing Under China In Tectonic Tug-Of-War

  • Rs 27 Crore Rishabh Pant Shatters IPL Record
    November 24, 2024 1:50

    Rs 27 Crore Rishabh Pant Shatters IPL Record

  • IPL Auction Day 1 Highlights | Rs 27 Crore Rishabh Pant Shatters IPL Record
    November 24, 2024 1:50

    IPL Auction Day 1 Highlights | Rs 27 Crore Rishabh Pant Shatters IPL Record

  • 3 Dead, Over 30 Cops Injured: Violence In UP's Sambhal Over Mosque Survey
    November 24, 2024 2:43

    3 Dead, Over 30 Cops Injured: Violence In UP's Sambhal Over Mosque Survey

  • BJP Wins Big In Maharashtra: Is There Scope For Non-BJP CM?
    November 24, 2024 36:56

    BJP Wins Big In Maharashtra: Is There Scope For Non-BJP CM?

  • Rishabh Pant IPL Auction | IPL Auction | Rishabh Pant Fetches Rs 27 Crore Bid, Scripts History
    November 24, 2024 4:06

    Rishabh Pant IPL Auction | IPL Auction | Rishabh Pant Fetches Rs 27 Crore Bid, Scripts History

  • NDTV Auto Episode 23 | Mercedes-AMG C63 S E Performance Review | BMW i5 M60 Review | BSA Gold Star 650 vs RE Interceptor 650 Comparison Review
    November 24, 2024 26:11

    NDTV Auto Episode 23 | Mercedes-AMG C63 S E Performance Review | BMW i5 M60 Review | BSA Gold Star 650 vs RE Interceptor 650 Comparison Review

  • Maharashtra Election Result | The Rise And Rise Of Devendra Fadnavis
    November 24, 2024 5:11

    Maharashtra Election Result | The Rise And Rise Of Devendra Fadnavis

  • Hemant Soren To Take Oath As Jharkhand Chief Minister On November 28
    November 24, 2024 2:18

    Hemant Soren To Take Oath As Jharkhand Chief Minister On November 28

  • Sambhal Violence | Security Tightened Over Violence In UP's Sambhal As Death Tolls Rises To 3
    November 24, 2024 2:27

    Sambhal Violence | Security Tightened Over Violence In UP's Sambhal As Death Tolls Rises To 3

  • Sambhal Violence | "Stone Pelting Incident In Sambhal Despite Tight Security": DC Moradabad
    November 24, 2024 2:46

    Sambhal Violence | "Stone Pelting Incident In Sambhal Despite Tight Security": DC Moradabad

  • New Maharashtra CM  | “Devendra Fadnavis Should Be CM…”: BJP’s Navnit Rana
    November 24, 2024 4:20

    New Maharashtra CM | “Devendra Fadnavis Should Be CM…”: BJP’s Navnit Rana

  • "Maharashtra Voted For Constitution, In PM Modi's Favour" : Mukul Rohatgi
    November 24, 2024 13:07

    "Maharashtra Voted For Constitution, In PM Modi's Favour" : Mukul Rohatgi

  • Video: Woman Falls From Moving Train In UP, Rescued By Cop Within Seconds
    November 24, 2024 0:19

    Video: Woman Falls From Moving Train In UP, Rescued By Cop Within Seconds

  • NDA's Maharashtra Win: Has BJP Blunted Rahul Gandhi's Constitution Challenge?
    November 24, 2024 47:47

    NDA's Maharashtra Win: Has BJP Blunted Rahul Gandhi's Constitution Challenge?

  • Constitution India's Operating System, Won't Hang: NDTV's Senior Managing Editor Santosh Kumar
    November 24, 2024 3:52

    Constitution India's Operating System, Won't Hang: NDTV's Senior Managing Editor Santosh Kumar

  • Manipur Violence | Hundreds Hit Streets In Imphal As Centre Imposes AFSPA To Reinstate Peace
    November 24, 2024 0:37

    Manipur Violence | Hundreds Hit Streets In Imphal As Centre Imposes AFSPA To Reinstate Peace

  • Shoojit Sircar Interview | Shoojit Sircar: "Films Should Be Thought-provoking, We’re Missing That"
    November 24, 2024 17:39

    Shoojit Sircar Interview | Shoojit Sircar: "Films Should Be Thought-provoking, We’re Missing That"

  • Video: Punches, Kicks Fly As Man Thrashed Over Parking Row In Ghaziabad
    November 24, 2024 0:40

    Video: Punches, Kicks Fly As Man Thrashed Over Parking Row In Ghaziabad

  • TechXpedite by Games24x7 l Delhi & Hyderabad Chapter | Driving Innovation, Supporting Next Gen Startups
    November 24, 2024 24:13

    TechXpedite by Games24x7 l Delhi & Hyderabad Chapter | Driving Innovation, Supporting Next Gen Startups