HomeNewsBusinessMarketsSee choppy mkt ahead of F&O expiry; like Kolte Patil: Pros

See choppy mkt ahead of F&O expiry; like Kolte Patil: Pros

In the February series, Sudarshan Sukhani of s2analytics.com sees continued correction or consolidation, but it may be a lot less volatile than the January series. He believes the Nifty can touch 9000, but not overshoot the mark.

January 28, 2015 / 16:49 IST
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The Indian market is likely to remain choppy ahead of the F&O expiry, says Sudarshan Sukhani of s2analytics.com. Infact, today's choppiness might be an indicator that it has already begun, he adds.

In the February series, he sees continued correction or consolidation, but it may be a lot less volatile than the January series. He believes the Nifty can touch 9000, but not overshoot the mark.

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Echoing similar sentiments, Parag Thakkar of HDFC Securities says most of the pre-Budget rally is already done with. He believes it to be a bottom up market. "Within the same space there are winners and losers," he adds.

Thakkar is bullish on stocks such as Axis Bank, Kotak Mahindra Bank, Brigade Enterprises, Kolte Patil DevelopersKPIT Technologies and Cholamandalam Investment, among others.