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Sanjay Dutt of Quantum Securities feels that the Reliance group stocks continue to be good buys on every dip.
Sanjay Dutt of Quantum Securities feels that the Reliance group stocks continue to be good buys on every dip. He said, "They continue to remain good buys on every dip. Particularly from the counters like Reliance Capital and Reliance Energy. Similarly, for Reliance also, more details are required to know how it will pan out, which will take time. Therefore, on every dip one can definitely accumulate all these stocks."
Excerpt from an interview:
Outlook on the market:
I think as far as investors are concerned, one needs to be very selective. One cannot take a broad call whether to buy in or not to buy in. I am very optimistic on the technology counters and the heavy commercial vehicle counters like Telco. So that even if one gets the timing wrong, in terms of the index coming off 100-200 points, the downside risk is limited. So, for the index call it is very difficult to say whether one should buy now or not.
On Reliance shares:
On Reliance going ahead:
Of F&O action in Reliance counters:
On an opportunity to buy at lower levels:
Tags: Sanjay Dutt of Quantum Securities , Reliance Capital and Reliance Energy., Reliance Indusrtries
May 20 2013, 15:05
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