Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
VIDEOS
Market

Market expert SP Tulsian positive on telecom sector, ABB India and Siemens

Updated : May 14, 2019 04:44 PM IST

SP Tulsian of sptulsian.com, in an interview with CNBC-TV18, said that he was positive on telecom sector on the back of Bharti Airtel and Vodafone Idea’s rights issue.

“Vodafone Idea has already funds come in, Bharti Airtel - the funds will come in by month end or in the next one month or so and the pricing seems to have bottomed out. I don’t think you have much pain left from hereon. Start taking a call on telecom stocks but only with a view of about maybe 6-8 months,” he said.

According to him, the outlook seems positive for Siemens and ABB India on good numbers. “Their mobility segment has really performed quite well. I am quite happy that ABB India and Siemens both have posted good numbers. The things are looking positive on both ABB India and Siemens going forward.”

“Low volume and rangebound day ahead of the exit poll on Sunday," he added.

 

 

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV