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16 Nifty companies beat the Street in Q3; should you buy, sell or hold?

Updated : February 21, 2019 01:04 PM IST

Out of the 50 Nifty companies, 16 (32 percent) reported numbers above expectations, 15 companies' (30 percent) results were in-line with expectations, 10 (20 percent) reported mixed set of numbers and 9 companies (18 percent) were below estimates, Centrum Wealth Research said in a report.
Given the current market scenario, the earnings reported by companies suggest a gradual recovery setting in, said the report.
Sustenance of the same would be a key monitorable along with the demand scenario during the pre-election period.
16 Nifty companies beat the Street in Q3; should you buy, sell or hold?

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