According to Karun Mutha of HSBC Invest Direct, one may buy banking stocks at lower levels.
One can expect some bounce back at 5200 level, says Karun Mutha of HSBC Invest Direct.
Karun Mutha of HSBC Invest Direct believes VIX has an inverse relationship with the markets. As it continues to slide, the market will move up.
In an interview to CNBC-TV18, Karun Mutha, HSBC Invest Direct shared his outlook on the F&O market. According to him Nifty at 5,900 levels is a good area to accumulate for a small rally.
In an interview with CNBC-TV18, Karun Mutha of HSBC Invest Direct, spoke about his reading of the market and his outlook.
In an interview to CNBC-TV18, Karun Mutha of HSBC Invest Direct spoke about his reading of the market and the road ahead.
Accumulate ACC at Rs 1460, says Karun Mutha, HSBC Invest Direct.
Accumulate Dr Reddys Laboratories and Cipla on dip, says Karun Mutha, HSBC Invest Direct.
Karun Mutha, HSBC Invest Direct says, the momentum is still strong. He advises investors to be on the long side on any declines close to 5,000. He suggests investors to avoid the high-beta stocks, particularly in the banking and the auto.
See further gain in Infosys and TCS, says Karun Mutha, HSBC Invest Direct.
Yesterday, the GDP data and the expiry coincided, which saw a lot of concentrated effort to hold onto the Nifty which was clearly visible at around the 4,900 mark, says Karun Mutha, senior vice president - head equity & derivatives advisory, HSBC Invest Direct.
Accumulate banking stocks on decline, says Karun Mutha, Senior VP & Head Equity Derivatives Advisory, HSBC Invest Direct.
Buy SBI future, sell out of money SBI put, says Karun Mutha, HSBC Invest Direct.
"Going forward, the Nifty in August series is likely to tread in the range of 5,500 and 5,700 levels, unless 5,500 is broken out," said Karun Mutha of HSBC Invest Direct in an interview with CNBC-TV18.
Karun Mutha of HSBC Invest Direct, in an exclusive interview with CNBC-TV18's Mitali Mukherjee and Sonia Shenoy, said Tata Motors DVR is a good buy as they are quoting at a discount of 44%.
Largecap stocks would be the best bets on the lower side, says Karun Mutha, HSBC Invest Direct.