Moneycontrol
Get App
Last Updated : Dec 07, 2015 05:15 PM IST | Source: CNBC-TV18

Buy Vedanta with 2-3 years perspective: Baliga

Ambareesh Baliga, Market Expert is of the view that one can buy Vedanta at lower levels with a view of 2-3 years.


Ambareesh Baliga, Market Expert told CNBC-TV18, "Unless you have crude moving up or if you are looking at the merged entity, both Vedanta and Cairn India then you should be looking at the metals actually moving up. I don't think that is going to happen at least for the next foreseeable 3 or 4 quarters. So, don't really expect Vedanta to do anything at least for some time."

"However at slightly lower levels it makes sense to buy at lower levels and hold on for the next 2 or 3 years," he added.

Moneycontrol Ready Reckoner
Now that payment deadlines have been relaxed due to COVID-19, the Moneycontrol Ready Reckoner will help keep your date with insurance premiums, tax-saving investments and EMIs, among others.

First Published on Dec 7, 2015 05:14 pm
Sections
Follow us on