Prakash Diwan, Chief Portfolio Strategist- Prakash Diwan's Wealth is of the view that GMR Infra, GVK Power & Infrastructure, IVRCL may see further upside.
Diwan told CNBC-TV18, “There is enough upside left in some of these select counters. Look at a GMR Infra is up 5% today but it is nothing as compared to what it deserves to be at and from that oversold zone it still has a lot of room which needs to catch up. You look at GVK, IVRCL, same thing goes for some of the larger ones, look at Siemens. So there is enough room for most of these stocks which could give individually about 8-10% of an upside comfortably and which one the broader market could probably get us that 100-150 point for some sort of intermediate peak.”Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
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