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Nifty may take more time to reach all-time high: Pros

Looking at the non-performance of the large cap stocks, essentially private sector banks, Ashwani Gujral of ashwanigujral.com says an all-time for the Nifty may take some more time to reach.

October 03, 2016 / 16:16 IST
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There was no expectation of a strong upmove in market today, says Mitesh Thacker, miteshthacker.com. He thinks Nifty would have taken more effort than seen today to jump above 8700 points after last week's surgical strike across the LoC by the Indian Army.The Nifty and Sensex both ended in green today after last week's volatility dragged the indices down more than 1.5 percent.The on-going rally can reach 8800-8300 levels soon, he adds. But looking at the non-performance of the large cap stocks essentially private sector banks, Ashwani Gujral of ashwanigujral.com says an all-time high for the Nifty may take some more time to reach. SP Tulsian of sptulsian.com says investors are best sticking to midcap stocks for maximum returns.Watch video for more.

first published: Oct 3, 2016 04:16 pm

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