The latest analysis and commentary by stock market gurus Prakash Diwan of prakashdiwan.in and Ashwani Gujral of ashwanigujral.com on what moved the markets today. They also answered viewer stock queries.
Answering a query on Axis Bank, Gujral said, “Axis Bank has almost doubled 1.5 times in last two months. If you are holding at Rs 850, then there is trouble. However, if you are holding Axis Bank at around Rs 600-650, then maybe post a correction you will find higher levels.”
On Tata Steel, Diwan said, “I do not think Tata Steel has anything great coming for itself. He would be better off if he moves to Steel Authority of India (SAIL) because that is a company under significant change and repair and that would be much more favourable in terms of the delta it can create.”
They also spoke at length about Shriram Transport Finance and Yes Bank.
Follow stock recommendations by Ashwani Gujral here: https://www.cnbctv18.com/author/ashwani-gujral-115/Disclaimer:
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