According to Jigar Shah, CEO, Kim Eng Securities global factors, selling by foreign institutional investors (FIIs), and the fact that Indian economy and corporate earnings have not improved significantly are still weighing on the market.
Jigar Shah of Kim Eng Securities is of the view that one may see further upmove in Alembic Pharmaceuticals.
Jigar Shah of Kim Eng Securities says the house is positive on exporters and consumer space and would not shy away from taking positions in bottom-up stock picking opportunities whenever they arise.