In an interview to CNBC-TV18, SP Tulsian of sptulsian.com in which he shared his readings and outlook on market and specific stocks.
After mopping up the shares in the grey market, on listing day, the said operator buys the big quantity from the open market as well, and virtually buys entire allotment of HNI category and part of retail category as many of them apply for listing gains only.
Correction currently witnessed by the market could be because of geopolitical reasons and may not be too deep. Infact it could lead to fresh money back into the market – money that was waiting on the sidelines., said Mehraboon Irani of Nirmal Bang Securities
In an interview to CNBC-TV18, S P Tulsian of sptulsian.com shares his rationale behind being upbeat on cement and why he thinks ACC-Ambuja merger news was on expected line and will be a logical move.