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.
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First Published on Dec 7, 2015 05:14 pm