There is an imminent fear in the market on back of slowdown in corporate earnings and economic growth. Market could revisit the 7700 levels, Rajat Rajgarhia, MD â€“ Institutional Equities at Motilal Oswal Securities said.
Rajat Rajgharia, Motilal Oswal Securities is of the view that one should stay invested in Ida Cellular and Bharti Airtel.
Rajat Rajgharia, Motilal Oswal Securities is of the view that BPCL will continue to outperform. "I think this entire energy pack which over the last five-six years has been a big under performer to the market looks at to regain some part of leadership over the years to come," he added.
Rajat Rajgharia of Motilal Oswal Securities says, the traffic growth was a positive surprise for telecom stocks and one can stay invested in Idea Cellular.
Accumulate Mahindra and Mahindra (M&M), says Rajat Rajgharia, Head of Research at Motilal Oswal Securities.
Rajat Rajgharia, Head of Research at Motilal Oswal Securities is neutral on Dish TV.
Hindustan Unilever (HUL) has target of Rs 450, says Rajat Rajgharia, Head of Research at Motilal Oswal Securities.
Rajat Rajgharia, head of research, Motilal Oswal Securities, says that post downgrade he is underweight on HUL. He is also of the view that ITC has always been a better option compared to HUL and he has a neutral on Dish TV.
Rajat Rajgharia, Motilal Oswal Securities says, it is difficult to take long-term views on the market, given that there are so many variables that keep changing. He expects the markets to go down from current levels.