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IPOs difficult to judge; banking will be a drag: Experts

People riding IPOs such as Alkem Labs and Dr Lal Pathlab should continue to do so, as it is difficult to take a fundamental call at the moment, says market expert Anand Tandon

December 23, 2015 / 16:18 IST
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People riding IPOs such as Alkem Labs and Dr Lal Pathlab should continue to do so, as it is difficult to take a fundamental call at the moment, says market expert Anand Tandon. However, SP Tulsian of sptulsian.com advises investors and well as traders to get out of Dr Lal Pathlab, but hold Alkem Labs.

Sudarshan Sukhani of s2analytics.com and Taher Badshah of Motilal Oswal AMC too shared their views on the market and specific stocks.The market ended on a strong note. The Sensex was up 259.65 points or 1 percent at 25850.30 and the Nifty gained 79.85 points or 1 percent at 7865.95. About 1506 shares advanced, 1158 shares declined, and 253 shares were unchanged.

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first published: Dec 23, 2015 04:16 pm

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