The experts also discussed the impact of higher crude prices on upstream, downstream and offshore companies.
The market today snapped its six-day gaining streak to end marginally lower in the red. Banks and financials dragged the index but IT stocks outperformed.
The 30-share BSE Sensex was down 10.12 points at 34,433.07 and the 50-share NSE Nifty fell 4.80 points to 10,632.20.
For the moment one can say that there is draw between bulls and bear but if this kind of situation prevails then either be long on IT and short on banks because Nifty may hang around at these levels, says Ashwani Gujral of ashwanigujral.com.
Fundamental and technical experts – SP Tulsian of sptulsian.com, Mitessh Thakkar of mitesshthakkar.com, Sudip Bandopadhyay of Inditrade Capital, Prayesh Jain of IIFL, Mehraboon J Irani, MD & CEO, Gini Gems Consultants along with Gujral in an interview to CNBC-TV18 shared their views on the market and specific stocks.The experts also discussed the impact of higher crude prices on upstream, downstream and offshore companies.