NIFTY 50

Remain invested in Mahindra & Mahindra, says Dipan Mehta

Updated : September 24, 2018 05:08:12 IST

Ashwani Gujral, Dipan Mehta, Member, BSE & NSE & Rajat Rajgarhia, CEO of Institutional Equities Motilal Oswal discusses with Prashant Nair and Latha Venkatesh their analysis on the technical side of the market as well as specific stocks and sectors. They also answered viewer stock queries.

Talking about auto stocks Dipan Mehta, Member of BSE & NSE said, “Remain invested in Mahindra & Mahindra (M&M) both the farm equipment and the auto businesses are doing well. They are firing on both cylinders. We have had a decent monsoon. M&M should come out with good quarterly numbers going forward as well and reasonable valuation. Our view on auto is positive so remain invested in M&M at these levels.”

They also spoke at length on Bajaj Finserv, Indian Oil Corporation, Mahindra & Mahindra, Bajaj Finance.

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.
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

recommended for you