Sumary of Taking Stock | Nifty back above 15,500, Sensex up 443 pts; auto stocks shine:
- Select Auto, tip, and Midcap power frameworkslook bewitching from a risk perspective.
- Broadly, expect pressure to continue while limited stock-specific risk definable opportunities are available.
- Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities: Markets watch a roller coaster ride till mid-session before rebounding to comfortably settle in affirmative territory at close on agitated buying act in IT, car & realty stocks.
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