Ignoring the three days of consolidation that the market saw in the beginning of the week, the trend seems bullish. However, Sandeep J Shah of Sampriti Capital thinks otherwise. According to him, the bearish tone on the indices continues. (THIS is what he said a month back)
"The recent rally was on the back of lower crude prices and if they continue to hold these levels, we might see some more upside on the Indian equity market," he told CNBC-TV18 in an exclusive interview. So, crude prices need to be watched, he added. He is looking at cashing in at such (yesterdayDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
