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Equity calls: Mutha, Khade
Published on Thu, Jun 26, 2008 at 08:42 , Updated at Thu, Jun 26, 2008 at 14:50
Source : moenycontrol.com
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Karun Mutha, IL&FS Investsmart: Short rollovers in Nifty has been seen. Power Grid and NTPC may see some buying in the last half hour on account of VWAP trades. Shortcovering may be seen in Axis Bank, BOI and SBI. 4200 remains as an important level for the next series. Shashank Khade, Kotak PMS: The Fed's action is on expected line but the tone is hawkish. The undertone is bearish and caputulation is seen among local investors and HNIs. Any short-term pullback will be sold into at higher levels. High crude prices continue to be a big worry. Inflation is likely to be in double digits for next few weeks. |
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