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Wednesday 2 November 2016

Nifty still struggles below 8550; Hero, BHEL, L&T top gainers


The market is gradually picking pace even though global concerns remain. The Sensex is up 73.32 points or 0.3 percent at 27600.54 and the Nifty is up 21.95 points or 0.3 percent at 8535.95. About 1765 shares have advanced, 688 shares declined, and 107 shares are unchanged.

Hero MotoCorp, BHEL, L&T, Maruti and L&T are top gainers in the Sensex while ONGC, Sun Pharma, Asian Paints, NTPC and Wipro are losers in the Sensex.

Ajay Srivastava, CEO of Dimensions Consulting thinks If Donald Trump wins the US presidential elections and the Indian market takes a dive  it will be a perfect opportunity to buy.
Srivastava believes a Trump win would, in the longer term, benefit most of the world much more than anticipated.

He also advises caution on going all out and investing in any particular sector. “2017 is a year of stocks and not the market,” he says, adding, it is advisable to stick to the market leader in any sector.


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