The Nifty may consolidate between 8,720 and 8,825 points for a few days, says Mitessh Thakkar of mitesshthakkar.com. While some sectors are performing, others are not, so Thakkar says it is best to remain stock specific.
There seems to be no big money in the market, said Ashwani Gujral of ashwanigujral.com. Nifty will continue to remain choppy till it crosses the 8,820 mark, he added.
The market closed in green on Thursday, reclaiming its decline from on Wednesday. While Sensex gained 145 points, ending at 28,301; Nifty gained 53 point closing at 8,778.
Pharma sector has become very rewarding. But it is not without its risks, said Sudip Bandyopadhyay, MD and CEO at Destimoney Securities. Traders need to be very stock specific if they want to invest in this sector. He prefers Lupin and Aurobindo.
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