Even if we have a gap-up opening tomorrow, it would be better to wait for market to come off before getting in, said Ashwani Gujral of ashwanigujral.com.
On the first day of the week, the bull seemed to be on a strong footing. The Indian equity market witnessed biggest single day gain in nearly two years. The Nifty ended almost 2 percent in the green, while the Sensex shot up 600-points.
Tomorrow it is likely to be a sideways day for the market as the US today is holding on to the gains. So even if we have a gap-up opening tomorrow, it would be better to wait for market to come off before getting in, said Ashwani Gujral of ashwanigujral.com, adding that market is showing some amount of confidence that people may be willing to buy the dips.
Other market experts like SP Tulsian of sptulsian.com, Mitessh Thakkar of mitesshthakkar.com, Deepak Shenoy, Founder, Capitalmind.in, Anand Shah, Deputy CEO & HD-Investments, BNP Paribas MF and Mayuresh Joshi of Angel Broking also shared their view on specific sectors and stocks.