Key Points
Dharmesh Shah, Head-Technical, ICICI Direct, says any correction in the PSUs from the current level should not be constructed as negative, but should be looked upon as a buying opportunity because we believe most of the negative news seems to be getting priced in there..
Any dip from the current level is a buying opportunity. So, stocks like HAL or BEL, Bharat Electronics in the defence space and also Cochin Shipyard, one should definitely consider at the current levels...
Do you expect the Nifty momentum that we have been seeing on Thursday and Friday to sustain for the benchmark?..
Dharmesh Shah: Yes, as an auto index, gradually we remain positive..
Dharmesh Shah: We believe every bull market has their own leaders and we believe in the current bull market, PSUs will be the leaders and will continue to be leaders going forward..
