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Lot of opportunities in the markets: Jitendra Gohil
"One has to understand that while the markets looks all-time high, there's a lot of opportunities there. Look at some of the NBFCs which are trading closer to 52-week low, there are certain consumption related stocks, which are trading 52-week low. So I think there could be a good rotational opportunity within the sectors. I think that's where we feel that still valuations are elevated, but still we are not extremely worried about the kind of froth in the market," Jitendra Gohil, Head-India Equity Research at Credit Suisse Wealth Management.
As long as investor confidence and economic performance is there, we will continue to move forward: Nilesh Shah
"Undoubtably as long as domestic investor’s confidence stay on long-term India growth story and our economy continues to differentiate itself vis-à-vis global peers I think the journey of market will continue forward. Does that mean that tomorrow also we will have all-time high answer is obviously no. Markets are markets, they will go up and down, but as long as investor confidence and economic performance continue to come, we will continue to move forward," says Nilesh Shah, MD, Kotak Mahindra AMC.
Nifty, Sensex, Bank Nifty hit all-time highs
CNBC-TV18 spoke to some market veterans to gather what this might mean in the near term. (Read more)
Buy Reliance Industries: Jay Thakkar
Jay Thakkar, VP & HOR of Marwadi Shares and Finance suggests buying Reliance Industries Ltd (RIL) with a target of Rs 2,800.
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