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videos | IST

Wouldn't advice buying into Fortis at these levels, says market expert

Dipan Mehta, market expert shared his reading and outlook of the market.
“Infosys results is a bit of a non-event for the market. it will not have the same impact as it used to have a few years ago and no longer is it the bellwether stock for the IT industry to give us the kind of an early indication as to how the numbers are, that mantle is with Tata Consultancy Services (TCS) and to an extent with HCL Technologies,” he said.
Speaking about Fortis, he added that, “We are not very optimistic and positive on the sector. So I wouldn’t advice buying into Fortis at these levels.”