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big story

We will now begin a new journey to build a new India, says Narendra Modi

272/543
L :0
W :353
L :0
W :92
NDA :353
UPA : 92
LOK SABHA ELECTION RESULTS 2019
Total Constituencies
543
Voter Turnout
67.11%
NDA : 353
2014 : 354 Seats
BJP
303
+
SS
18
+
Other
32
UPA : 92
2014 : 66 Seats
INC
52
+
DMK
23
+
Other
17
OTH : 97
2014 : 107 Seats
TMC
22
+
YSRCP
22
+
Other
53
Earnings

Kotak Institutional Equities says not much value in market except select pockets

Updated : April 22, 2019 11:28 AM IST

There is not much value in the market beyond some select niche pockets such as financials, said Sanjeev Prasad, managing director and co-head, Kotak Institutional Equities
On HDFC, Prasad said the numbers were okay as far as NII growth was concerned but the fee income was on the lower side
He finds Reliance Industries overvalued and said the fair value of the stock is Rs 1,100. However, he said the market seems to be looking at the stock differently.
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