Continue to use buy on dips strategy, says Macquarie

Rakesh Arora, Macquarie feels stocks, post a 15-20 percent correction, would be cheap and worth buying on dips.

April 27, 2015 / 10:42 IST

Rakesh Arora, Macquarie said Indian market has been hurt due to negative sentiment surrounding MAT on FII investments.

According to him, earnings season is also panning out weak as expected and the first Met report on the monsoon is also not encouraging.

He feels stocks, post a 15-20 percent correction, would be cheap and worth buying on dips.

first published: Apr 27, 2015 08:47 am

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