The expert said the quarterly results expected to be good but do not think same for all segments of the market. It is expecting that in the fourth quarter IT, commodity and Infra EPC companies will perform well. Investors will see considerable growth in KEC Auto and Auto- ancillaries sectors.
Investors should eye on tractors, commercial & passenger vehicles segments in automobile sector for profitable investment in the current scenario.Buy KEC international, Asok Leyland, M&M, MRF, Balkrishna Industries.
After a volatile session BSE SENSEX closed near 34200 with a gain of 100 points and NSE Nifty index closed near 10480 with a gain of 0.21%.