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Deven Choksey backs power stocks, sees dips in Vedanta as buying opportunity
Deven Choksey of DRChoksey Finserv remains constructive on the power and utilities space, highlighting names like Tata Power, Adani Power and PFC as steady bets despite valuations not being cheap. He prefers large cement players over regional ones, citing scale and cost advantages. For Vedanta, he believes the recent setback is not structural and any dip could offer a buying opportunity. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
War or no war: BofA cites nearly 50 stocks that could perform well irrespective of geopolitical outcome
Despite ongoing geopolitical tensions and rising crude oil prices, Bank of America has identified 46 Indian stocks poised for resilience. The brokerage highlights companies across pharmaceuticals, jewellery, power utilities, ports, metals, and healthcare sectors that are expected to perform well irrespective of the conflict's outcome.
Supreme Court orders CBI investigation into DLF’s Gurgaon project; shares fall nearly 4%
The Supreme Court of India has ordered a CBI probe into alleged irregularities in the Primus DLF Garden City project after homebuyers' petitions about delays and lack of utilities.
Watch | Sanjay Parekh on where he sees value in banks, IT, cement and telecom stocks
Sohum Asset Managers’ Founder & CIO, Sanjay Parekh, says markets look sluggish despite improving macro conditions, with Q3 Nifty earnings near 8–9%. He sees recovery in CVs (Ashok Leyland), credit growth at ICICI Bank and gradual picka a up in cement and steel. Portfolio stays domestic-focused: overweight telecom, NBFCs, industrials, cement, utilities, ports and logistics; underweight oil & gas and banks, zero FMCG. Watching IT names like Infosys and TCS, mid-cap tech (Persistent, Coforge, Mastek), defence HAL, quick commerce Zomato and Swiggy, and capital goods L&T, JSW Energy.
Momentum Stocks: Jindal Saw, HFCL, Syrma SGS, Laurus Labs, hit 52-week high
IZMO, BF Utilities, Agarwal Industrial Corporation were locked in the upper band, reflecting strong demand and limited supply—often a sign of bullish near-term sentiment.