Indian markets have sustained global whirlwinds even as markets there trembled in trade on Friday.
Nifty fell to 7899 as profit-booking continued for the third consecutive day and analysts are speculating this consolidation to last for another 2-3 trading sessions.
Market expert Ashwani Gujral suggests buying into stocks when the Nifty touches 7750 while advising against going short as it will be difficult to do so against a sharp uptrend.
He further expects a 150-200 point dip in Nifty.
The rally in metal stocks was surprising and those who were not able to invest in them should not be chasing these stocks, says Neeraj Deewan of Quantum Securities.
He does not expect good results from metal stocks in the fourth quarter and sees this providing a buying opportunity.Watch video for more.
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