




Sanjay Dutt of Quantum Securities sees global uncertainty extending to Indian market as well, but adds that downsides are limited.
Sectors like metal, chemical and textile will benefit once liquidity and credit flows improve and demand starts to pick up in the economy, says Sanjay Dutt of Quantum Securities. He says bet on them.
A phase of consolidation with a positive bias is likely as yesterday's lows may not be broken. Also, Hindustan Unilever (HUL) and ITC, the safe havens, have cracked heavily in the last two-three days which means that the safe trade where everyone was hiding, particularly the large institutional investors are booking gains there.