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Equity calls: Choksey, Mutha
Published on Thu, Jul 24, 2008 at 08:47 , Updated at Thu, Jul 24, 2008 at 18:37
Source : moneycontrol.com
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Deven Choksey, KR Choksey Securities: The market is due for a correction and we are likely to see profitbooking at 15000-15300 levels on the Sensex. But the correction will be a good opportunity to buy for the long-term. The worst may be over for now and the market is likely to rally again in August. I like capital goods, select realty, banks and financial services. Karun Mutha, IL&FS Investsmart: Retail participation has increased with traders taking fresh directional calls. The Nifty is now seen between 4360-4630. Banking stocks may see 10-15% rally on short covering. I would advise traders to go long on power and capital goods. |
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