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    Tweet Buster: Market in la la land; stock it up, but mind your moves

    Synopsis

    L&T's takeover of Mindtree and Jet Airways’ rescue plans made headlines this week.

    Twitter-Getty-1200Getty Images
    Commenting on Mindtree's acquisition by L&T, Sekhar says Mindtree has no way out of this and is scrambling for solutions unsuccessfully.
    NEW DELHI: Equity market's eight-day rally came to a halt on Friday, as stocks navigated through a truncated week with an eye on March F&O expiry. However, mojo still ran high and wild with the likes of Morgan Stanley upgrading their outlook on India.

    L&T's hostile takeover of mid-tier IT firm Mindtree and rescue plans for Jet Airways made headlines this week. Let's take a look at what buzzed on Twitter last week.

    Here's what top Twitteratis on Dalal Street had to say:

    Rescuing Jet
    Sandip Sabharwal, an independent market analyst finds great value in Jet. Sabharwal says carrier’s focus on customer service is a great positive and feels even if the current promoters exit and the brand survives, it is still a win-win situation.


    But somehow, Shyam Sekhar of iThought does not seem in tandem with Sabharwal's view. He thinks Jet is a business that is already dead and SBI bailing out the company might not be the ideal solution.
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    Mind It!
    Commenting on Mindtree's acquisition by L&T, Sekhar says Mindtree has no way out of this and is scrambling for solutions unsuccessfully.


    Stock-it-up!
    Two stock recommendations from Sandip Sabharwal in today's Tweet Buster edition.



    Up your game
    With the latest rounds of upgrades on Indian equities by the top honchos of D-Street, all seems hale and hearty for stock market bulls in the near future.



    Wake up call?
    Sabharwal says RBI has a little something to learn from the US Fed. The Fed adapts itself to the change in data and RBI can take a cue or two from them, making a case for rate cut in the upcoming policy meets.



    Not so optimistic
    Shankar Sharma says the markets are in la la land even as the sole pillar of Indian growth - consumer spending- is grinding to a halt. Do you agree?





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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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