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Equity calls: Vijay, Mahajan
2008-05-12 08:50:21 Source : Bazaar/CNBC-TV18
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P N Vijay, Portfolio Manager: The market is likely to open weak but should stabilise. We are still coming to terms with inflation which has shown some sign of abating. Bottom fishing opportunities in banking and auto at current levels.
Tushar Mahajan, Edelweiss Securities: Shorting was seen across the board in late trade on Friday. Reliance and Real estate stocks have seen significant short buildup. The market is likely to trade with a negative bias as Option writers will have to rush to hedge positions. 4800 is seen as the next support level for the Nifty.
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