News
India
Great time for investors: Vivek Gupta on Sensex rise

22 Jan 2015, 07:57 am

Great time for investors: Vivek Gupta on Sensex rise
New Delhi, Jan 22 (NITN) The BSE Sensex breached 29000 for first time on Thursday.

Vivek Gupta, CMT – Director Research, CapitalVia Global Research Limited commenting on the market said: “BSE has crossed the levels of 29,000 for the first time the history of markets. It’s a great time for all the investors in the markets and the good thing is that still a lot of heat is still there in the markets. We can still find few sectors which have not yet felt the bullish momentum yet like Realty and PSU Banks. 

"The rally till 29000 was completely led by sectors like IT, Pharma and Private banking stocks. Amidst all this rally we have seen big giants like Reliance not contributing at all. This year we might see a change in momentum and we might see a huge contribution is the rally from interest rate sensitive stocks, like capital goods, power, realty and private banking sectors. Investors should now gradually look to diversify some of their amount in these specific sectors for a better comparative return to risk ratio.”

Air India unveils India-ins ...

Indian airline Air India has unveiled a new collection of amenity kits and loungewear for guests travelling on its international flights.

Emirates brings next-gen A3 ...

Emirates will introduce its Airbus A350 aircraft on its daily Dubai–Mauritius route from November 1, 2026, replacing the Boeing 777 currently operating the service. The new aircraft will operate flights EK709 and EK710 between Dubai and Mauritius, the airline said.

Lufthansa launches Kuala Lu ...

Lufthansa has launched a new nonstop service between Kuala Lumpur and Frankfurt, with the first flight operating on October 26. The route connects Malaysia’s capital with Frankfurt, one of Europe’s major aviation hubs.