18 April, 2024 10:58 IST
Transcript of Chat with Mr. Devang Dhruv Asst. Vice President, Equity Group Khandwala Finances.-Equity markets - An overview-- (19/04/2002)
[04:04:15 PM] => Myiris : Welcome to the chat session.
[04:06:38 PM] => Myiris : Our guest today is Mr. Devang Dhruv, Asst.Vice President, Equity Group, Khandwala Finances
[04:07:06 PM] => Disclaimer
[04:07:46 PM] => Mr.Devang Dhruv is the Asst.Vice President, Equity Group, Khandwala Finances. At the time of this conversation / chat, Mr. Dhruv may or may not have positions in the stocks mentioned below, although holdings may change at any time. The views expressed by Mr. Dhruv is based upon information that he considers reliable, but does not represent that it is accurate or complete, and it should not be relied upon as such. Mr. Dhruv, his company and its affiliates, officers, directors, partners, and employees may, from time to time, have long or short positions in, buy or sell and deal as principal in the securities, or derivatives thereof, of companies mentioned herein and may take positions inconsistent with the views expressed.
[04:08:07 PM] => None of the information contained herein constitutes, or is intended to constitute a recommendation of any particular security or trading strategy or a determination that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person. You should consult with and rely upon your own advisors whether and how to use such information in making any investment decision.
[04:08:15 PM] => Lastly the views expressed by Mr. Dhruv have no bearing whatsoever with that of IRIS Ltd. IRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. IRIS especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website www.myiris.com.
[04:12:34 PM] => Sravan : Do you think the markets will benefit from Wipro results?
[04:12:45 PM] => DD : No, the results were in line with market expectations and further the guidance given by the company has been flat for the next year.
[04:13:23 PM] => Narayan : What is the idea about DSQ, GTL, Himachal Futuristic?
[04:13:33 PM] => DD : I would not like to comment on the volatile stocks.
[04:14:35 PM] => Idiskp : How much SPIC will go in 3 months time?
[04:14:47 PM] => DD : Company is not making any profits. No major fundamental movements expected in the near future.
[04:15:24 PM] => Murthyvenu : Shall I invest in a technology fund?
[04:15:33 PM] => DD : Yes, 20 per cent of the portfolio can be invested in the technology fund with a view of one year.
[04:16:12 PM] => Madiraju : Recommendation about Videocon International to buy 2000 shares?
[04:16:22 PM] => DD : Overall, we see no bright future for the industry.
[04:17:14 PM] => Kondeth : I hold 500 Tata Elxsi at Rs 99. At what price should I sell it? I trade for short term. Please advice.
[04:17:22 PM] => DD : Hold, you can book profits at Rs 140 levels.
[04:18:42 PM] => zanzari_2000 : Portfolio Management worth 5.0 Lakhs presently possible?
[04:18:51 PM] => DD : Yes, this is the right time to invest.
[04:19:39 PM] => Neel : What is the future of media scrips?
[04:19:50 PM] => DD : Stock specific, there is a huge opportunity in the media scrips.
[04:21:00 PM] => M.R. Patil : Where do you see the Indian economy heading for?
[04:21:14 PM] => DD : GDP is expected to grow by 5.5 per cent 7 per cent. With the disinvsetment process, the Indian economy is on the right path.
[04:21:58 PM] => Ranil : Sir, are you satisfied with the tech results so far? What about their guidance?
[04:22:33 PM] => DD : Yes, top companies have potential in the long-term.
[04:23:01 PM] => Koneru : Where do you the Sensex next week?
[04:23:15 PM] => DD : Range of 3350-3490.
[04:24:45 PM] => kgp_sandybay : Dear Sir, I want buy some tech share at this point of time. Could you please tell me which scrip are a good buy at this point of time?
[04:25:03 PM] => DD : Tech sector looks attractive and 20 per cent investment can be done.
[04:27:24 PM] => Myiris : That�s the end of the chat session.
[04:27:51 PM] => Myiris : Thank you all for logging on.
[04:28:01 PM] => Myiris : We thank Mr. Dhruv for his time.
[04:28:15 PM] => Myiris : We hope to see you all again soon.
[04:28:55 PM] => Myiris : Till then its bye from us. Have a nice weekend.
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