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Last Updated : Jan 13, 2017 01:38 PM IST | Source: CNBC-TV18

Trend remains positive for the market: Ashwani Gujral

According Ashwani Gujral of ashwanigujral.com, the market trend remains positive and lot of catch up is happening in the averages. He said the market has formed a base from where it can move higher and if IT and banks both participate then it will be difficult to have a down day.


Indian markets ended in the green for the third consecutive day led by power sector where NTPC ended 5.71 percent higher, Power Grid closed with gains of 4.5 percent. IT giant Infosys ended with gains of 3.34 percent higher ahead of its results on January 13, 2017.


According Ashwani Gujral of ashwanigujral.com the market trend remains positive and lot of catch up is happening in the averages. He informed market has formed a base from where it can move higher and if IT and banks both participate then it will be difficult to have a down day.


Metals will continue to do well as there is an improvement happening in demand for most of the companies, said Neeraj Dewan of Quantum Securities.

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Ambareesh Baliga an independent market expert believes that IT sector is looking good. The worst is getting priced in and on a contrarian point of view IT is a good buying opportunity. He advised investors should buy IT in a SIP mode.

SP Tulsian of sptulsian.com said that he is very positive on the education space and prefers Zee Learn which has a pan-India presence.

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First Published on Jan 12, 2017 05:05 pm
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