| Shel:How does IDFC look to you in 2008? I bought it at 233/- |
| Deven R Choksey : u can consider adding at CMP...
BYE ALL OF YOU.... PLEASURE CHATTING WITH YOU... HAPPY INVESTING |
| rushabh:What are your views on Power & Cement sector ? |
| Deven R Choksey : power cautious fm valuation perspective... but with the latest fall...start looking selectively...like NTPC, Tata power....
Cement- ACL, grasim... |
| swaminathan:Is the Indian economy and the share market so fragile now under UPA Govt.?Why should it react so nervously to the US market when the Rupee is strengthening day by day.We never saw such a shocking slide during the NDA rule ,this inspite of the claim by Mr.PC that the Indian economy is robust with more than 8.5% growth . Is no one believing the FM /the RBI ?. |
| Deven R Choksey : pls keep politics out of it... in fact all politicians -whether NDA or UPA have done good job to keep economics and policy separate fm politics |
| sandeep gupta:what is the real cause of sensex fall ? |
| Deven R Choksey : systemic pblm that started with global weakness |
| Pradeep:The market crash is due to F&O segment rather than delivery? Why cant we eliminate F&O completely and trade only in delivery? |
| Deven R Choksey : :-)
dont use fno as trading mkt...use it for hedging... u will be a lot happier.. |
| The Arch:I had been watching market for some time now and was about to make a maiden foray into the market when the prices came down crashing like a house of cards. What would be the right approach for me? My advisor says this is a temporary phase and will veer out soon. |
| Deven R Choksey : yes he is right |
| Otn in Houston:The way Sesex ran North, and only North in the last 2 years, it was obvious that a major correction was due. Technicals always pointed to a 30% correction from the 20000 levels. With US markets still showing no signs of bottoming off, r we looking at Sensex at 12000 to 13000. In Case such a scenario happens, for someone like me, an NRI, who has never invested in Indian markets, what are the mutual funds to start with? |
| Deven R Choksey : be with good portfolio mgt service providers who can manage ur portfolio based on ur risk-return profile |
| Uddhavraj001:Hi Deven, Why investor so panic with fear of recession of US Economy? Our economy is safe and sound and i am still optimistic than sensex will cross 20K in next 2-3 months? How do you see next 3-6 months for market peformance in India? |
| Deven R Choksey : normalcy would be restored ... we should see new highs within FY09 |
| auniyal:IT stocks are trading very low, is this the right time to buy them or Should I stay away from buying with the speculation of US slowdown they may fall more |
| Deven R Choksey : u can consider buying a part ...now |
| VINEET KUMAR:Deven Hi, i have recently invested in 4 star and 5 star rated MF on 03/01/2008 and lost 20-25% since than. Is my money gone forever. Secondly if I invest now, when the NAV's will be lowest in a month of so, will it help in recovering some losses. |
| Deven R Choksey : y |
| Tulasi Ram Reddy:How much time do you think the market will take to recover the loss? |
| Deven R Choksey : dont worry abt time... get into good stks with good earning visibilty and profe mgt |
| key:What are the concerns that you foresee in the Indian economy and would like the investors to remain cautious about? |
| Deven R Choksey : we afre bullish abt indian eco |
| Deep Ghatak:what effect will the budget have on the market? |
| Deven R Choksey : positive... |
| Rajesh:Looking at the past we know that it happens that sometimes, market goes down and we all know that it will again come up.. then why we are saying it as market crash, is this time, its going to be in the present situation for longer time ? |
| Deven R Choksey : guessing time would be a bit diffi... but we will recover for sure |
| Kash:Are the smaller public sector banks still a good buy? |
| Deven R Choksey : y |
| Avinash Zende:Hi, Is it a right time to enter into an market? |
| Deven R Choksey : anytime is good time...provided u r in funda good stks |
| AHMED:will the markets ever gain the heights which it has done? |
| Deven R Choksey : yes |
| govindarajulu:govind:can we trust reliance and hold it for a long term |
| Deven R Choksey : YES |
| sandeep gupta:i am having a portfolio of arroun 3 lacs and just started in oct 2007 as i was thinking of withdrawing as for need now suddenely market crashed , pls guide should i quit or wait as require the funds in 2nd week of feb.2008 |
| Deven R Choksey : wait |
| sampath:Sir, is it good time to Buy Suzlon, Jaiprakesh Asso, punjlloyd and unitech |
| Deven R Choksey : unitech for sure |
| G K KASHYAP: Does the average Q3 results too have a say in the meltdown? Isn't it a mere correction albeit a harsh one to digest? how will major IPOs lined up impact the market in the near future? will the show have impacts on the listing prices of the recently oversubscribed IPOs? |
| Deven R Choksey : wt n see |
| Kash:What are your mid & small cap recommendations at this stage for long term investors? |
| Deven R Choksey : sterlite tech, gr8 offshore, pet-lng, dchl |
| Narinder Sethi:are wr in bear market |
| Deven R Choksey : not yet for sure |
| ashok kumar:i have invested for long term , will this market clash effect me |
| Deven R Choksey : short term volatility never comes in the way of Long term gains |
| Prashant:Which are the sectors should one focus in case we want to buy now. |
| Deven R Choksey : banking, auto , real est... the rate sensitivies |
| sapan babbar:Can i buy rel com and rel ene at this level |
| Deven R Choksey : rcom yes |
| Prema Ramakrishnan :Sir, I hold a sizeable number of ICICI Bank shares. Since the fall in this scrip is nearly Rs.400/- what advice could you give me regarding holding these shares. Should I wait for some time as i am not a trader and not immediately in n eed of funds and is it likely to pick up if so when about? |
| Deven R Choksey : hold for sure...it is a good story particularly with I-sec slated to list within next 4-5 months |
| Maneesh:Hi, after this correction would u think one can go and buy now rather that subprime loss story of US has not be dicounted in our market b,coz i think this correction was a due one . |
| Deven R Choksey : buy in part |
| sampath:Good evening Sir, two weeks back my portfolio was in profit aftermarket correction, it is in deep loss. what i should have done in the last three market days. i) i sould have sold and book loss ii) hold it for recovery. or booked some profit last week...thanks |
| Deven R Choksey : hold for now and wt for recovery |
| Naveen:GE Deven, what would you think will be the immediate support level for Sensex & Nifty.... |
| Deven R Choksey : current low should hold |
| KAUSHIK MUKHERJEE:hi! should i hold petronet LNG |
| Deven R Choksey : Y.. consider adding at CMP |
| Srikanth:Hi...What about TCS? May I hold the stock? |
| Deven R Choksey : yes ...can add too |
| Indrajit:I would like to invest 4 Lakh Rs kindly tell me which company or companies i should invest and howmuch for each. This is investment for 5 years |
| Deven R Choksey : icici bk, sbi, idbi, mah-life, dlf maruti, rcom |
| amit:what will be the effect of this fall on rupee and IT industry? |
| Deven R Choksey : i think that is more or less altready in price of IT sector...u can start looking to buy those...particualryl after these 2 wks fall |
| kasim_bhai:What's your view on HFCL, i'm planning to buy 100,000 shares of it |
| Deven R Choksey : no view.. dont track such stks |
| Balaji:Hi Sir, Do u tell me to wait still more, or i can start buying |
| Deven R Choksey : 50% of allocation ...now |
| deepali:what are the good stoks to buy now.I am long term invester. |
| Deven R Choksey : icici bk, maruti, dlf |
| sampath:Sir, if it is falling market, is it adviseable to sell our holding even if our portfolio is in loss or hold? |
| Deven R Choksey : dont sell in panic...add good stks...if u r in funda sound stks-dont worry |
| Dayananda Tewari:What about idea open for Reliance Power |
| Deven R Choksey : wait for the D-day |
| Pramod MJ:What about Tech Stocks : Infy, TCS, Wipro & HCL... When to invest ??? |
| Deven R Choksey : 50% of ur allocation for IT , right now...wait for confirmation of uptrend/stability and then inv balance |
| Pramod MJ:Reliance petro : what's your say on this... fundamentally |
| Deven R Choksey : the co is yet to make a single rupee of business pft to talk abt it fundamentally.. biggest positive though is mgt capability and their execution skills |
| srinivas reddy penuballi:will the market pull back to the levels of 20000 |
| Deven R Choksey : slowly but surely...wait for budget runup...u may be positively surprised |
| san:is the much talked about correction or are we in for more surprises |
| Deven R Choksey : ur guess is as good as mine |
| vinod:can i invest in bank shares |
| Deven R Choksey : sure. ICICI bank, IDBI, SBI |
| sundar_ps:What is the prospect for reliance capital? |
| Deven R Choksey : SOTP valn is attarctive |
| Pramod MJ:It took 6 trading sessions for the market to melt down, Is there a possibility for market to surge back with the same speed or will there be a slump in the market for some time |
| Deven R Choksey : not same speed perhaps... but we will see recovery sooner than later |
| sasidharans:Eventhough india story is independent , how come the markets following the world markets ? |
| Deven R Choksey : there is 100% decoupling yet... FIIs from all across teh world inv here...some of foreign losses r probably made good by selling pftable position in India |
| qqweqweqwe:should i hold airtel...or should i trade it for some other stocks |
| Deven R Choksey : also look at RCOM |
| Ankit Nagdeve:what is the reason for the sudden fall in sensex? |
| Deven R Choksey : answered earlier |
| manju:hi, I want to invest in Mutual Fund. do you think this is the right time? How abt Reliance Natural Resource mutual fund? |
| Deven R Choksey : MF thro' SIP |
| nelesh:hi what is your outlook in real state? can the real state regain its valuations in coming 2-3 months? |
| Deven R Choksey : 2-3 months? cant say... but DLF, Unitech, Mahindra-Life look extremely attractive... BUY for medium to long term... dont try to time |
| Sukumar Dutta:Deven should I keep up my portfolio....I have already lost 50%...how much do you think the market will recover |
| Deven R Choksey : mkt will recover sooner than most expect... if u r in funda good stks...stay put...dont exit in panic |
| ashokanu:what about RNRL ? Is it Buy or sell or hold ? why did it crash heavily ? |
| Deven R Choksey : no comments... wa the rise justified in the first place? |
| suresh:Hi, Is this the right time to start buying? If yes, which sectors do you recommend? |
| Deven R Choksey : yes.... banking, select real estate like DLF, Unitech, Mah-life |
| venu:how can we predict the market ups and down. is there any areas where we can concentrate where share market is depend upon |
| Deven R Choksey : be with a good financial advisor or invest thro' SIP of MF... dont try to predict timings of mkt fall/rise |
| sckomandur:hi can we invest in gmr now |
| Deven R Choksey : its a long term story... |
| rrfgfg:Hi Want to ask you that is this is the right time to take the shares. In 2007 the markets uprising in the fabulous rate and 2008 sudden downfall. It's too much lost to our shares markets? |
| Deven R Choksey : definitely... it is good time to buy funda strong stks like icicobank, maruti, mahindra life idbi |
| LAKSMAN:what is the real cause of sensex fall ? |
| Deven R Choksey : it is temporary problem caused by systemic issues...dont worry, soon the clouds would go off |
| sudha:which stocks can we buy at this stage, or can we wait still longer sudha |
| Deven R Choksey : RCOM, MARUTI, RELIANCE, ICICBANK |
Chat Master
|
Deven R Choksey CEO & MD of KRChoksey Shares and Securities Pvt. Ltd, Deven R Choksey is the CEO & MD of KRChoksey Shares and Securities Pvt. Ltd, an equity brokerage services company that has presence in over 100 locations across India. A former Director of the Governing Board of BSE and Director on Governing Council of the Derivative Stock Exchange, Mumbai, Choksey has over two decades of exposure to the market. |
 |
About Us | Disclaimer | Careers @ IBN | RSS | Podcast | Contact Us | Feedback | Advertise With Us
© 2010 IBNLive.com India. All Rights Reserved. A Web18 Venture
CNN name, logo and all associated elements ® and © 2009 Cable News Network LP, LLLP. A Time Warner Company. All rights reserved. CNN and the CNN logo are registered marks of Cable News Network, LP LLLP, displayed with permission. Use of the CNN name and/or logo on or as part of CNN-IBN does not derogate from the intellectual property rights of Cable News Network in respect of them.
