SENSEX
NIFTY 50
Hang Seng
Taiwan Weighted
MCX GOLD DEC 05
MCX SILVER DEC 05
USD/INR
EUR/INR80.0630

SENSEX
NIFTY 50
NIFTY MIDCAP 100
S&P BSE MIDCAP
Hang Seng
Taiwan Weighted
DAX
Nasdaq
MCX GOLD DEC 05
MCX SILVER DEC 05
MCX CRUDEOIL NOV 16
MCX NATURALGAS OCT 26
USD/INR
EUR/INR
GBP/INR
JPY/INR

Closing Bell: Sensex ends 244 points lower, Nifty below 14,300 dragged by IT stocks; broader markets outperform

Asian shares at highest since early March, weak dollar boosts commodities

Oil holds near one-month highs as demand forecasts raised

Rupee rises 23 paise to 74.64 against US dollar in early trade

Positive on SBI, like BoB, SAIL, says Centrum Broking's Nischal Maheshwari

Updated : February 26, 2021 10:18 AM IST

Nischal Maheshwari, CEO Institutional Equities and Advisory, Centrum Broking continues to be constructive on the market.

“Sooner or later, the demand/supply is going to match and we are going to see prices coming off on the commodity side. So we will wait to see that and that is why I continue to be constructive on the market,” he said.

Maheshwari has been positive on the State Bank of India (SBI).

“Incrementally we have to start looking at few more names as the corporate banking and the economy starts improving. Bank of Baroda (BoB) is another name which we like out there in this space. SBI still continues to remain favourite,” he mentioned.

Oil marketing companies (OMCs) have very good value, Maheshwari said.

“Steel Authority of India Ltd (SAIL) is another good stock out there. It is time to start looking at good quality second-tier banks. City Union Bank is our top favourite out there. DCB Bank, there are a good lot of banks in second-tier space.”

Watch the video for more

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.

Published : February 26, 2021 10:18 AM IST

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