Ashwani Gujral of ashwanigujral.com said that this market is vulnerable. “On rallies, people should take short positions and lighten up leverage,” he said. Tata Chemicals and IDFC are a buy and Colgate is a sell.
SP Tulsian sptulsian.com said Infosys is a quality buy for the long-term investor. Compared with TCS, Infosys has done well, he said, adding that Infosys stock would give returns of 15 perecnt for the long-term investor.
Petronet LNG is likely to report robust Q2 numbers, he said. As regards Force Motors, he said that non-vehicles are driving the stock to move up. “I won’t advise buying it at the current level.”
Sandip Agarwal of Edelweiss Financial Services, said that Infosys stands out because of a lot of reasons, its leadership being one of them. If you are looking at 12-18 months, you will get good returns, he said. You will see more returns in Infosys than TCS, he said.
He believes that if things start improving in December quarter, then midcaps won’t fall. When they go up is a different question, he said.
On Zee Entertainment, Dipan Mehta said that new channels are doing well and consumer spending is also looking up.
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