The Sensex is expected to cross 25000 by the next calendar year, says a technical analyst from Angel Broking on CNBC TV18. The market may see fresh buying as it is likely to see a 20% upside from the current levels.
Bulls are the clear winners in this market and expect the rally to continue as Indiaÿs fundamental story remains strong, says Sandeep Wagle, technical analyst of Angel Broking, on NDTV Profit.
There may not be a CRR hike and RBI may maintain a status quo, says Uday Kotak, Executive Vice Chairman and Managing Director, Kotak Mahindra Bank, on CNBC TV18. If GDP is maintained at 9% with a topline growth of 15-17%, then the market may see earning growth of 20-25%, he adds.
Lot of investors are waiting in the sidelines and will start dabbling in blue chip companies that are posting good results regularly, says Sajeev Dhawan of JV Capital Services, on CNBC TV18. It is not possible to time this market but investors should book partial profits and keep stop losses in this rally, he adds.
No comments:
Post a Comment