Tulsian told CNBC-TV18, "Siemens, definitely disappointing number and the extension of the BHEL performance and that disappointment probably will keep the capital goods sector again under check because I don't think that L&T numbers can continue with its positive bias for quite some time."
He further added, "I have my hopes on Crompton Greaves numbers because it is very crucial going by the management's announcements in their conference call of Q2 and Q1 results they have been confident that second half results will be good and one cannot give up the hope that Crompton Greaves will also disappoint and in fact one has to closely watch the performance of the Crompton Greaves and more especially of the power system division. I am not too concerned on the industrial system and the consumer products so that will in fact be the deciding trend for the capital goods sector from hereon because you may then look to see the other results as well like ABB and Thermax but I don't think that those will be too material or too relevant at this point of time."
