At closing bell, the frontline indices closed with cuts of around 1.5% each. But experts haven‘t given up on the market yet. They are optimistic in the near-term. According to them, the uptrend is still intact.
Rashesh Shah chairman and CEO, Edelwiess Capital explained that the IIP had reached a bottom and expects it post a reasonable rise. He was positive that the RBI would spread its cut in rates across the year.
Rashesh Shah, Chairman & CEO, Edelwiess Capital feels investors should buy telecom stocks with long term perspective.
Rashesh Shah, Chairman & CEO, Edelwiess Capital is of the view that long term investors can buy infra stocks for 2-3 years time horizon.